This technique didn't seem to work for me. I tried about 3 times. Always did about a 1 min warm up and then 3 mins on both GPU and CPU. That didn't work so I went a little longer maybe 4 mins, then 5 the third time. Third time a just started to see a lil brown mark on the caps so I cut it (it was probably over 5 mins I was getting a little tired of doing this over and over again)
Did the xclamps fix and right away E74 still

Tried playing with the xclamps screws for a bit and couldn't get it out of E74.
Pretty sure my xbox needs to be Reballed maybe. I will try my other 3ROD box I got sitting here I bought off ebay. I'm also not sure if its E74 or some other error as I have never got it out of 3RODing yet (hehe no time)
But Parchment paper and 2 layers of Tin Foil works great its just hard to tape anything to the Paper as it is NON stick paper so you just gotta kinda mold it to the board. The third time I did was just 2 layers of foil and that's probably what causes 2 caps to start to burn. The board still works but still E74.
Or if all else fails just use LOTS of foil that also works just go crazy and do like 4 layers that is what I did my 2nd time as I threw out my Paper and getting a little frustrated.
Wish me luck hope to learn how to fix this other one and Mod it learn junk on it for fun

keeps me busy

Edit: Forgot to say I was using a Cheap Black and Decker Heat gun (40 bucks) It says it goes up to 500C on high not sure what the low temp was. But the Instructions and Websites says it goes up to 500-550 or something like that. Should of been more then enough heat.