Mine is in its second year. Microsoft introduced a 3 year warranty just for RRoD issues last year. Thank god! It's going to be replaced for free, but it'll take 4 weeks. I would go to Best Buy and buy one, then return the old one, but the serial numbers wouldn't match on the box, and then I'd be up shit creek. Also, the console has ID'd the downloaded material I have on the hard drive. If I bought a different XBOX and put my hard drive in it, it becomes a hassle everytime I want to play something downloaded.