I totally agree that Microsoft must do something, this story is similar to the one of the PlayStation 2, too many lasers dying and stuff, but not nearly as many 3 red light cases we have seen. It feels like the Xbox 360 is disposable. I bought mine on December 18th (2nd shipment) and it lasted me until March this year. I really took care of it and out of no where, bam and you gotta pay 129$ for re-pairs, which is extremely unfair. Customer service makes you feel like you must spend extra money in order to play.
The only good thing about it is the compesation you get for a well thrown (excuse the language) bitch-fit. I had my brother call who's good at that and he got 50% off on the repair, 6 months of Xbox Live, and 2 years of warranty, which isnt bad. Still sucks you gotta pay 65$ but its better than 130$ + shipping.