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RROD is not a big deal and it never will be a big deal to anyone apart from people who want it to make a big deal.

I went through 2 PS2's and the 3rd one i traded in for a 360. PS2's cost £60 to repair, only had a 1yr warranty and their Customer service was poor (although u could buy replacement lasers online and solder them in yourself if you knew how to for £5 + shipping).

However, the difference in the RROD with the 360 is different IMO since the PS2 laser problems were most likely due to wear and tear and shit lots of pirate DVD and games being played. The RROD is there by default due to MS wanting to release the console early to get a head start on this gen regardless of what problems it may cause.

The 2 consoles (PS3 and 360) are fighting different type of consoles wars. PS3 is after profit and MS is after market share. 3 year warranty runs out and you have had brilliant customer service support from them, you will probably go buy a new 360 since they are so cheap. That way, they get one more sale to add to market share and no one can fault them for not giving the support to faulty console owners.

Whether this strategy is a good thing or bad thing, at least the 3 year warranty is being offered unlike those who suffered from PS2 problems and at least there is a cheap alternative to buy a new console as a replacement.