Games have updates
built into them, and if it was in the middle of an update and the power
is turned off, then you need to complete that update before it will
read any game discs. By inserting all your games it will find the the one you need and the update will complete by itself and your xbox will be fixed.
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Though i fixed the Disc Read Error myself within anhour but please test the below method at your OWN Risk. Please alsonote that microsoft is no longer providing Extended warranty for E74Error.
Check out this DIY Video Guide,that explains step by step instructions to fix Disc Read Error yourselfwithin an hour. It also provides the money back guarantee in case youare not satisfied. As i fixed my Xbox myself so i thought to share itwith you guys.....
HI RED FROG I SUGGEST TRYING THE CULPRIT GAME IN SOMEONE ELSERS 360 IF IT WORKS YOU HAVE A LASER PROB-.......I ONLY SAW THIS MEESAGE TODAY ON 360 CONSOLE I REPAIRD TODAY IN MY SHOP ^MESSAGE^insert into a 360 conSOLE >PROB>FAULTY LASER PICK UP BLOCK OR SCRATCHED GAME DISK....HOPE THIS AS BEEN SOME HELP TO YOU