After having my 360 for around 3 yrs nw i finally got a flashing red light at the weekend.
I was playing Eternal sonata and the graphics went all fuzzy so i decided to switch it off and turn it bk on to see if that would help, but nope, it just went to a black screen saying error and E74 lol
Ah well it was bound to happen sooner or later.
Im going to buy my bros off him, he hasn't hardly played it and is basicly brand new, premmium 20gb, 8 games, 2 controllers for £200, i thought why not.
I was getting really into mercenaries 2 aswell >.<