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Trust me, at all costs get the warranty. I am kicking myself so hard right now for not getting it. This is the one thing I've never gotten the ext. warranty for because I was sick of wasting my money (seriously in the past decade I've probably spent well over $5000 for warranties I've never used). Lo' and behold my three month old 360 (the new, supposedly fine one) broke and needed repairs. Thankfully it was still under warranty.
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