Yup, my Xbox gave me the three red rings. It's almost a launch console so I'm not really surprised that it did break, but I'm still a bit disappointed. Luckily someone is coming over to let me borrow their Xbox because they don't play it very often, which is great! But I'm a bit worried about sending mine in because I keep getting an error message when I try to register it online, so I'm going to have to phone instead.