yea i hate the rrod
i got it too, called xbox, they told me to do somethings to the xbox to check exactly what it is, if its the red ring of death, hardware failure, like mine it will be free. but it might take a while.
im in texas and it took mine about a week, maybe week and a half, but ive had the one they sent me for a couple years now no rrod, but another thing about xbox is that its always saying ' cannot read disk ' i hate that shit