I bought my 360 last march... .had the red lights in may, they shipped a box to me, i shipped it back, and got it back in 4 days. So total... 5 day wait. So it wasn't too bad, and I haven't had a problem since. 360 pummels the ps3 for many reasons. I know you have the ps3 Jeff, but you know the problems it has as of now.