Does microsoft send out advance replacement units for 3 red light units if credit card is on file?

Well i just recently bought an xbox 360, and sure enough it has the 3 red lights AKA ring of death. However i know such companies as nintendo will send out advance replacement units, if a credit card is placed on file, now does Microsoft do the same thing? i only ask because ive heard of the horror stories about waiting months to get there repaired unit back. Or can i just go to a wal mart and have them replace the console, if it was bought there originaly,(i lost the receipt). thanks

Does microsoft send out advance replacement units for 3 red light units if credit card is on file?virus protection

the battery is dead!yes microsoft does!

Does microsoft send out advance replacement units for 3 red light units if credit card is on file?agv

I hope waiting months isnt something i will have to do, because i also have the flashing ring of death and im waiting for the prepaid postage box to arrive.