Well im not gonna deny and say it doesnt happen because my best friend had his blow on him and he had to send it away.
here in canada they send you a new console...it took a total of 9 business days for his send and return from moment of call.
However everyone on my friends list from launch including myself has not had the rings.
It will probably happen someday but things happen man.
Just keep in mind that around now there is speculation on new chips inside to prevent it and not only that where I live most retailers have extended in store warrenties due to holiday season so its more then regular 30-90 days ones so people can return stuff after xmas. If your gonna get the red rings between now and jan...you would be able to return it to store for exchange.
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