Had the RROD twice...or three times, I forget. It's a great console in many ways, but whoever passed it through QA needs a high calibre bullet in the head.
I mean, the three year warranty thing sounds great on paper, but it doesn't renew itself once they send you a refurbished unit. So if you have multiple RRODs? Tough luck, buy another console.
And the extended warranty doesn't cover ALL hardware malfunctions, just the 3 RRODs.
I'm sorry, but the 360 has a serious design flaw. I don't think it's the case of the unlucky few, I'd describe those that haven't had the RROD as LUCKY. Actually, it just happened to someone I know who's had an Xbox for just over three years.
I'll just get my refurbished from GameStop
Yeah, I'd never get a second hand 360. Far too many people trading in their 'working' 360s. PS3 on the other hand tends to be more reliable. That didn't stop me taking out a 5 year warranty on it after my experiences with the 360, though!