Today, Microsoft announced that they will repair all 360s with red rings of light, free of charge, and return the money that they charged with it! Before it use to cost money because Microsoft denied it being their fault, also, now they are extending it to a 3 year warranty too with it.
Go buy a 360 off eBay or some site, and return it to Microsoft to get a free 360 back!
or create a fake e-mail and post box office addressand e-mail them try to act like ur a big spouncer wish to purchase like a 5000(ass load) of there machines and would like sample it first and have them mail it to that there ya go FREE 360
Also, approximately 1/3 of all 360s are defective in 2 weeks. Right now it's going to be hard to get em on eBay, a few smart people are trying to get em off eBay now. I saw one guy selling a 360 pack: 8 games, 2 wireless controllers, and a 360 for 300 dollars. I was tempted to buy it right away. :/
I'm no fan of used consoles, but shit... Nothing like a good deal. Especially when now they don't have enough "refurbished" consoles, and most likely 60-70% of them will be new. Craigslist is a viable alternative, or some small eBay rip off...