Well, at a time most critical for gaming, my 360 has decided that it has the 3 red lights. I bought it from ebay around april and the manufacture date is 2005-11-19 and it came with the warranty seal broken already :/ (although he advertised it as brand new..)
I'm not considering the towel trick after reading up on it.
Is there anything I can do, Will anyone be able to fix it for me? Or is my 360's time over and its gone to heaven or to hell as the case may be (I flashed it).