here it is, i have found some very cheap ways to fix you Red Ring of Death:

Way number one, the "old american way" LOL:

http://www.gametrailers.com/umwatcher.php?id=23877

Way number two, the long term way:

http://www.gametrailers.com/umwatcher.php?id=67121

AND YES THEY WORK... (i hope) 

 ALL curtsy of gametrailers users, thanx.

if you have tried one of these ways or going to, please reply :) , hoping the best.