I've decided to go with the RRoD option just to make sure that they replace it right away without any kind of hassles or delays. I'm taking it with me tonight with some towels and we'll have an RRoD party of sorts. We'll all gather around the 360 like bonfire, roast some marshmellows on it, and maybe curse it with black magic.
Man, when I bought my 360 I never thought I'd be RRoDing it myself. Thanks disolitude and Fernando again, this thread really did help me out, I really appreciate the suggestion. :)
I'll update on when/if I get my refurb from Microsoft.

Kingdom Hearts 3 Bet: If Kingdom Hearts 3 becomes a multiplaform title/is not Wii exclusive then I will be banished from this land for 1 week and sing my praises to those who have proved themselves to be more intelligent than I.http://i7.photobucket.com/albums/y267/RDBRaptor/rdbraptor_sig16.jpg%5B/IMG%5D">
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