I got the elite the day it came out. It redringed after a month. Got it replaced and my second one crapped out in early march, the disc drive no longer spins after 3 1/2 years.
Im in the same boat, but im gonna take this one apart and see if I can fix it. Wish I could upgrade all of the chip sets, PC gaming is so much better, but all of my friends play 360 games...damn my sheeply mentality...
Motorsport Photographer, PM for Pricing on Car Shoots - mattkalish.com