I remember an employee telling me they give a gift card for your broken console if you return it through the extended warranty, but the warranty terms of agreement says otherwise (it says they replace or repair your console and they give you a gift card when they can't repair it on the third time). That's why I think they only give you the gift card if there are no refurbish consoles left in the store itself.
As for the warranty, I expect MS to help repair your console within one year for any deffects. anything after the year, the warranty only covers the Rrod problems. My 1 year ownership (along with that major one year warranty with MS) also ends around this month. You can choose to call MS and have them do the warranty for you, or you wait until it's over and use the extended warranty through Microcenter. But I think what you want to know is that Microcenter's warranty does not take into effect until the shortest part of the manufacture's warranty expires (that is what i saw in the terms of agreement for extended warranty bronze 1 yr.).
[quote name='the_mailman']i actually got a 360 from last nov from them from the 100 mir deal. instead of rrod, i got the bad dvd drive.
does anyone know how their warranty works esp with the extension of the ms warranty? after this friday, itll be a full year which ms will only cover rrod for the next 2 years. and my microcenter warranty doesnt come to effect until the ms warranty ends, so does this mean i can return my 360 to microcenter saturday since its not rrod related. i remember i was told i would get a gift card worth the amount i paid for my 360 as well. so i dont wanna deal with 360 problems and just get myself a psp or a wii or something.[/quote]