I've never had the 3 red lights. The only reason I had to take my first one back in was because of a faulty Ethernet port. The next one I got worked great 'till I traded it in for my elite and that one hasn't given me any problems at all.
Gamestop store.1.) If you go the night of the 24 at midnight you should be able to get your copy pretty quickly anyway.2.) It goes toward the game, you just pay whatever else is left over.
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