RamblinLonghorn writes: "Microsoft announces that they are extending the warranty of all Xbox 360's to 3 years. This appears to be entirely retroactive and that "those who have already paid for such repair charges can expect reimbursement checks for the amount of their console repair." It seems as though Microsoft is accepting the blame for the hardware malfunctions, but it is worth noting that this warranty modification only applies in the "Red Rings of Death" situation."