Most Xbox 360 gamers have probably already heard about Microsoft posting a billion dollar loss to cover an extension of the Xbox three red rings of death from one year to three years, but I thought it would be handy to post a link to the actual warranty page well, just. In. Case.

While writing this I just realized that the extended warranty we bought through Best Buy for our Xbox 360 Elite ($79.99) was negated by Microsoft’s move — or was it? Does that mean Best Buy will extend the factory warranty from three years to five? Doubtful, but it got my mind whirring.

As noted in prior posts, we’ve replaced three Xbox 360 in our home. Two of the oldest system and one of the newer system with all three within the first year going bad. The Xbox 360 Elite which was purchased in April 2007 hasn’t had any problems to date although my sons keep reminding me that I don’t play it nearly as much as they play theirs.