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There is a very hot market these days in the gaming community that has nothing to do with the latest cheats or even any game in particular. That hot market is the Xbox 360 3 red light fix repair guide market. This is entrepreneurship at its best. What turned out to be a product introduction disaster for Microsoft has actually made quite a bit of money for some savvy entrepreneurs who have put together do-it-yourself repair guides for the infamous Xbox 360 3 red lights problem.

I’m not sure who came out with first guide, but someone figured out that this particular problem could be repaired at home using common household tools instead of sending the unit back to Microsoft for repair, which they were charging $140 for at the time as well as taking 2 to 3 weeks to get the unit fixed. In addition to these repair guides, another group of entrepreneurs started 3 red light repair services where they will repair your XBox 360 if you send it out to them. These services generally charge between $40 to $50 dollars and can turnaround your XBox in 5 to 7 days. That’s a much cheaper price and a much faster turnaround than Microsoft offers.

The only thing to make sure of before you try either the third party repair services or the do-it-yourself route, is that your two year warranty for the 3 red lights problem has expired. Because if you do anything but send the Xbox back to Microsoft while your unit is still under that warranty period, you immediately void the warranty and any further problems you may have are not covered. in other words, you’re on your own.