Looks like it is gonna cost them a pretty penny http://www.google.com/search?hl=en&q=xbox+360+repairs+will+cost+microsoft
yeah and again I'm going to call and make sure my extended warranty I bought doesn't start til after that period.
it's the LG drives and optics, they have switched to BENQ and a new chipset. So basically it boils down to what hardware is in your box. this is a cool thing for MS to do though