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Microsoft does have a 1 year warranty on it as long as you are the first owner and you have a receipt. I purchased my first 360 on EBAY on release day (and no, it didn't come with vasoline) and recently my power brick fried due to the house getting hit by lightning. Because I didn't have a receipt and couldn't prove the warranty was valid, I had to purchase another console. Homeowners insurance covered the new 360, so I have two working Xb360 consoles and 1 working power brick.
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2008 BMW ///M3 Coupe: Alpine White on Extended Fox Red Novillo Leather
Factory Options: Premium Package : M-DCT : 19" Alloys : Technology Package : Bi-Xenon : Heated Seats : EDC : Premium Audio : iPod/USB Adapter
Modifications: APE Performance S65B40 Air Filter : Fabspeed X-pipe : Remus Race Muffler
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