RRoD is covered on all consoles regardless of whether or not the original warrenty has expired. I had a launch day console RRoD on me late may of this year and wasn't charged a dime for repairs. Same applies to E74 errors. What isn't covered is other problems like disc read errors, broken fans, etc.Symp4thy said:Similar to what chronobreak said, this may be "well behind" MS, but it is far from over for 360 owners who own an older version of the console (such as myself), with no warranty anymore, in constant fear of the three red lights. I've been lucky so far, *knocks on wood*, but it could still easily happen. If/when it does, I am screwed and will have to go buy another one. MS won't do anything to rectify it, because it's "well behind them."
OT:No it will never be truly behind M$ because even if newer models have a 100% success rate people will still remember and bash the 360 for failing. Thats just the way stuff like this works. It's the same reason people make statements like the PS3 having no games. Sure now thats not the case but people still think back to when it did in fact have very few exclusives and they translate that to today even if it's no longer true.