Extended Warranties Good Or Bad

Preserving an Xbox 360?
What are some ways I can prolong the life of my Xbox 360. I have heard many rumors about positioning the system, buying intercoolers, timing usage, etc. Which are true, and which are false? Please give me some advice on how to best protect and prolong the life of an Xbox 360 Elite.
The main problem I want to prevent is the Red Ring of Death. I bought the extended warranty, but I still want to know everything there is to know about protecting the system.
Do not tell me to buy a PS3 or Wii instead. I do not care about why a PS3 or Wii is worse or better. I have a 360 because I wanted one, I just want to know how to keep it working well.
Thanks for the help!
1. The placement is important. Place the console and the power brick on a hard, open surface. Also, do not place it too close to any heat-generating devices. May be a 1/2 foot distance is good enough if you are placing it next to your TV. But what I would do is feel the air around the area first with the TV and other devices (e.g. amplifier...) switched on for about 30 mins: if it's relatively cool then the console and power brick can be placed there. Otherwise, try a different area
2. Microsoft never suggests any inter-cooler and I think there is no official product endorsed by Microsoft
3. Call Microsoft support for advice on where to place the console
4. Perform some regular maintenance on the outside of the console to remove trapped dust especially near the air vents
5. And lastly, my opinion is that if the console is bound to break then it will. And it's better that it does that when it is still under warranty so that you can get an exchange which will last.
Importance of Buying A Spare Projector Lamp Or An Extended Warranty
Imagine you are in the middle of an important presentation and the projector lamp dies out. To avoid such embarrassing situations, always have a spare projector lamp as well as an extended warranty on the projector lamp.
Even though a projector lamp has a life of about 2,000 hours, you can never be sure when the last hour will begin and end. So, it’s always good to be on the safer side and have a spare projector lamp ready.
With a back-up projector lamp in hand you stand to gain a lot. And if you take the price factor into account, it might seem like you are spending money needlessly. But, you’ll be saving money in the long run if you buy replacement projector bulbs.
The best part is that there is no expiration date attached to a spare projector lamp. You can be sure that it will not go bad until you have started using it. That is, only when the mercury vapor inside the lamp is pressurized and electrified, does the life of a projector lamp begin.
Extended warranty is also an important aspect. A projector lamp may not work its full stated life. It may die early or break down because of a faulty design. In such cases, an extended warranty will help you out. With an extended warranty, you can get a replacement by lodging a complaint with the company.
BulbToGo.com is a great place to buy projector bulbs of the highest quality at great prices.
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