I suppose the RED RING OF DEATH is one of those things you don't read about or research until it actually happens to you............well guess what, it happened last night playing SFIV!

But I'm not sure how it came about because after 2 and a bit years of owning the console its been pretty much fine, the odd lock-up and freeze now and again but I guess thats common place nowadays, anyway it rarely overheats as it sits out in the open and is well ventilated.

No my problem is I can turn on the 360.....all is fine, I can do whatever I want (access memory, boot-up game, play an Arcade title) for around 3 mins and then the system locks up, turn it off, turn it back on, 3 Red Rings, turn it off, turn it on, fine....green lights and another 3 mins of magic!!

Am i kidding myself in thinking I can work round this or is it truly DEAD?? Has anyone else had the same issue??