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Well there is always the warranty. Worst case scenario though I can just attempt to get it running long enough to trade it in somewhere and get a new one paying the difference ... or trade it towards the slim version or whatever.

A RROD 360 can be fixed (with some minor work) to appear functional ... at least long enough for trading purposes...

If it is truly having issues you can still sell a broken system. Gamestop gives about $50 (in store credit and using a coupon that comes up every now and then) for broken original model 360's. That is something at least.

In all honesty though, I don't really expect problems this generation. At least nothing as widespread as red ring and yellow light.