Sony adopts new PS3, PSP warranty plan

The PlayStation 3 doesn't even remotely have the reputation for hardware malfunctions that Microsoft's Xbox 360 does. Still, Sony today announced an extended service plan for the PS3, as well as the PSP, one in which gamers can lengthen the manufacturers' warranty for up to three years after purchase of a system. The PlayStation Protection Plan, as Sony has officially dubbed it, will be available beginning this month.

Those wishing to extend the PS3's manufacturers' warranty by an additional 365 days can do so for $44.99, while a two-year add-on can be purchased for $59.99. Both protection extensions go into effect after the free one-year warranty expires, and they cover the same types of damage, including shipping and repair charges.

PSP owners can amp up their coverage for an additional year for $29.99 or $39.99 for two years. Handheld gamers can also opt in to the Accidental Damage Plan, which extends the coverage to include cracked screens, for an additional $10.

The new extended warranty is available to all new purchasers, as well as those who are still covered by the one-year manufacturers' warranty. Those interested in extending their coverage can do so by calling 1-866-716-7669. Full terms and conditions of the plan are available through Sony's Web site.