For those whom may be interested, after attempting the towel trick correctly (use 3 towels, unplug everything from xbox except for power cord, leave on for 25-30 minutes, let cool for 20+ minutes)... The blasted thing worked! I honestly couldn't believe it myself, I was in shock that overheating an xbox 360 could actually fix it. I would not recommend it unless you feel the utmost importance to play your xbox 360. A week after my miracle I was watching my Xbox suffer with the Red Ring of Death again, once again the towel trick worked, but I'm assuming it's just going to keep coming back. I'm not sure what I'm going to do, maybe wait 'til I get the Red Ring of Death again and then send it in.