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1337 Gamer said:
You should be totally fine. The new chips are extremely reliable. And even if you do get an E74 error or the RROD you still have the 3 year warranty. Honestly just jump in and enjoy your purchase

I've had a 360 before but I ended up selling it. Once the new spring bundle came out I couldn't resist. Getting Halo 3 ODST and Forza 3 for free is too good to pass up. I'm just hoping someone can clarify more about the wireless thing.