So, I've had this 360 since launch day. It red ringed once, about two years after launch, and I got it fixed by MS.
So now, in the middle of Skyrim, with Mass Effect 3 two weeks out, the thing will freeze, show weird vertical glitches, and make a horrible screech. I've read around, and these seem to be symptoms of an upcoming Red Ring. So, I guess tomorrow I'm going to use this money I had been saving to pay the rent and whatnot to go buy a new Slim. But hey, at least this means I don't have to put off getting a Kinect now.
I think the nicest thing will be the HDMI, to tell you the truth. I'm a bit sick of having to use the old component cables. I just wish it had waited until my tax return came in. Oh well.