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Having just purchased a new Xbox 360, I'm glad to see things like this. Even though I really hope I never have to take them up their extended warranty on the Red Ring of Death.
A popular gaming blog tracked a new kind of Xbox 360 error, the E74, and Microsoft has finally owned up and added the issue to the three-year "Red Ring of Death" warranty. This is a win for consumers, but it's yet another black eye for Microsoft's hardware.
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