Tonight both my 360 and the laptop I use the most died (or at least the former did). Last time my 360 red ringed it was a false alarm; it was also a warning sign for what would happen tonight. On a side note, if anyone can answer these questions it would be great. If my power plug that goes into my laptop is really hot, is that most likely something wrong with my laptop or my AC adapter? My laptop keeps turning off randomly, and I don't think it's my fan (I already cleaned the minuscule amount of dust from it). Also, I have to jiggle my AC plug to keep the outlet power LED on. 

If you're laptop feels extra hot, more than it maybe should be, then there is a chance its overheating which would explain it turning off randomly. One way to find out if your laptop or the AC adapter is faulty would be to try using the laptop without anything plugged in as you use it like you would normally.

Sounds like a faulty adapter to me which is sort of dangerous as it could send a power surge through the laptop. I know my old laptop needed replacing after the adapter failed and the technician was pretty sure it sent a power surge into the laptop and fried something. As the laptop itself worked fine without the adapter plugged in but one day while charging it the whole thing went dead. Wouldn't start up or turn on, just died on me.

But that may not be the case for you, but it may be worth keeping in mind. Easiest thing would be to try and find someone with a similar if not exact same laptop and try their power adapter and see does the laptop run fine with that or not.

wow that sucks man.

same thing happerned to my laptop, It's the computer not the AC adapter