360 warranty extended for E74 errors
It's the new red ring of death!
Official Xbox 360 blogger Major Nelson has announced that Microsoft will be extending Xbox 360 warranty support to three years for machines that suffer from "E74" error messages.
It seems that E74 is another indicator of the hardware failure that more commonly results in the famous "red ring of death", so Microsoft is including it in the same warranty bracket, and refunding the cost of out-of-warranty repairs.
"The team is aware that a very small percentage of our Xbox 360 customers have reported receiving an error that displays E74 on their screen and after investigating the issue, we have determined that the E74 error message can indicate the general hardware failure that is associated with three flashing red lights error on the console," Nelson said.
"As such, we will be covering any repairs due to the E74 error message under the three year warranty we announced related to the three flashing lights error, as well as reimbursing any customers that have already paid for an E74 related repair."
There's more info on Xbox.com support.