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Great news for Xbox 360 fans like us whose consoles are on the verge of crapping out! Microsoft's extended their 90 day warranty on all new and used Xbox 360s to a full year. This goes retroactively for current Xbox 360s as well, so if you've had your console for less than a year, you're now qualified to get free repairs.

Even greater news comes for people who've paid for repairs already. Microsoft says you will be "eligible for reimbursement" on all repairs you've paid for within that year! Go call up Microsoft today so you can get some moolah for Christmas. Actually, reimbursement checks take about ten weeks to come, so that's probably more like St. Patrick's Day money than Christmas money.

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Microsoft Extends Xbox 360 Warranty to One Year [Xbox]