Just got a 60gb xbox and was thinking about the warranty that comes with it. The 'lad' in gamestation told me it had a three year warranty, but from what I can gather the extra two years is just for the RROD, which is fine I guess, although he did not make that clear - then again he gave me a second-hand copy of Fallout3 in the bundle (will be ging back in to see him tomorrow!

), so I am not sure if I would have expected any more?
This got me thinking about the new Falcon models and the RROD and I was wondering whether this was a particular problem now? Have there been many failures with the new models or are they generally okay?
I am planning to stick the box in a tv cabinet which is closed at the front, but have it open when operating, leaving all the sides and back with some clearance for air circulation - I am presuming that this should be okay with the newer models.
Feel like I am rambling a bit, so sorry for that, but interested to hear any comments from more knowledgeable XBOX owners out there.
Thanks!