@crusnchill: I had no signs that I was about to red ring. In fact I was simply watching netflix for maybe 5 minutes when it first red ringed, then multiple restarts and attempts at playing CoD earned me a perma-red ring. I contacted microsoft the same day and shipped it to them that afternoon. Hopefully they have a fast response time.
Here's the deal.... my xbox froze this morning using netflix. I turned it off and back on, when i turned it on it red ringed. So of course I turned it off and back on. I load dashboard no problem, so i finished watching my movie. Now I'm playing some COD and it keeps freezing. It isn't red ringing, just freezing up. Any suggestions? I thought I heard that microsoft won't replace the box if it is not red ringing, any truth behind that? Thanks for the help.