First off, anyone who has ever thought of doing the towel trick needs to burn every towel they own before they burn the house down. It is dangerous and will harm other things.
The penny trick works for me, I did it last night and I have had my console on for 3 hours straight now and no problems. I used 3 pennies on each ram chip and wrapped them in electrical tape, I don't think that the pennies are really there to dissapate heat though, I think that it is more the space they provide for airflow and the pressure they put on the motherboard that does it.
For those of you getting the loud fan and the 2 red light overheating now, this happened to me too at first. You need to remove the Gpu and Cpu heatsinks, clean all of the thermal paste off of the motherboard and the heatsinks, apply arctic silver, and reassemble. And if you don't tighten those cpu and gpu screws enough you will get 3 red lights, so tighten the f'ers down. I think that the reason that it overheats after you do the penny trick is because when you remove the motherboard from the metal housing you remove the bolts that tighten the gpu and cpu down and break the current bond that it has with the factory thermal crap paste, and from then on it will overheat if you bumped the heatsinks enough.
Also if you cannot get the Gpu and Cpu screws back into the metal case, press down on the cpu and gpu from the top of the motherboard when you are tightening them from the bottom, also save those for last, I managed to get every screwI took out back in and every port on the 360 lines up.
Hope this helps some of you!
And THANK YOU for this topic, I thought that my 360 was screwed and I didn't feel like doing the x clamp.
Thanks!
Also I almost forgot to mention, my 360 had the foamy pad things already on the ram chips, so I took them off when doing the penny trick. And just a tip you can actually rip those pads apart and they are like a glue, I used them to stick my penny stacks to the Ram chips! Thanks M$!
This post has been edited by XxDUNITxX: Jun 10 2007, 05:05 AM