This is a community site, built by the community, for the community. Here are some quick facts you should know before considering if you want to send your Xbox 360 in for repair, or try to repair it yourself:

1. Returning your Xbox 360 to Microsoft cost's roughly $140, and may take up to 8-weeks.
2. The Xbox 360 is a complicated piece of hardware, you should only open it up and fix the RRoD if you have a guide to fixing it. This site functions are a basic guide. Some guides may cost money, but are generally worth the small investment instead of buying a new 360.
3. DO NOT wrap your console in a towel, read through this site to first view your options.

That being said, please review the basic guide carefully. This guide is for both the new and old 360.