Alas, our trusty xbox 360 has been afflicted with the dreaded three red lights. We have yet to contact Microsoft, but the warranty seems to state that you can only get a repair if the red lights are displayed and another light on the console is red, orange or non-existant. Problem is, this particular light remains green on our console, so we now fear that we won't be eligible for repairs despite our console freezing games, screwing up the display and numerous other problems that are effectively destroying our console. So our console is broken, yet unrepairable. This seems like Microsoft being good to it's loyal customers. Who knows, it should be worked out in the end, but this seems like another case of warranties gone wrong.
If it feels good, it's a sin.