Today Microsoft has announced, the 3-Year Xbox 360 extended warranty, once reserved for the infamous red-ring-of-death (RROD), can now be applied to E-74 errors, which has increasingly plagued many 360 owners during the past year.

“While the majority of Xbox 360 owners continue to have a great experience with their console, we are aware that a very small percentage of our customers have reported receiving an error that displays "E74" on their screen. 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. As a result, we have decided to cover repairs related to the E74 error message under our three-year warranty program for certain general hardware failures that was announced in July 2007.”




Also, here’s another bit of good news from the Microsoft camp. Gamers who suffered from the E74 error, and paid a fee to have their consoles repaired, will have their money refunded within the next few weeks. That’s one hell of a way to say “our bad”!