if the unit was purchased less than three years ago you can still get it covered under warranty as addressed on microsoft by clicking here. this is actually a serious problem and effects a few consoles, much like the RROD
if it is not under warranty you can try doing this and i stress the not. Make sure of this by calling microsoft before attempting this. if you do not want to do the overheat fix i suggest either A. find a company that fixes xbox's and provides a real reflow. Not a heatgun and a fan. But a actual infrared reflow station. or B. Send it to microsoft and pay the money to get it repaired. or C. sell it on your local craigslist or to someone that repairs them locally and use the money to buy a new xbox 360 slim or a used xbox 360 that is working but then someone might have already done the overheat trick and it may not have much life left.
i have done this before and after he 2nd time i sent it to a company to reflow the xbox for 30 dollars. An i havent had a problem since. remember what is done in the video is only if your not covered under the extended warranty or e74
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CAUSE
This problem occurs when the Xbox 360 console experiences a hardware failure.
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MORE INFORMATION
Step 1: Confirm the E74 errorTo verify that your console is displaying the E74 error message, follow these steps:
1.
Turn off the console.
2.
Turn on the console.
3.
Verify that your console displays the E74 error message.
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Step 2: Submit a console repair requestIf you are experiencing this problem, you can submit a console-repair request online by using the links in the "Additional support" section.
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Additional supportIf your console continues to display the E74 error message, it requires a repair. There are no additional troubleshooting steps. To start the online repair process, click one of the following links:
In the United States
http://support.xbox.com/support/en/us/nxe/registerdevice.aspx?step=repair (http://support.xbox.com/support/en/us/nxe/LiveIDSignIn.aspx?redirectUrl=http://support.xbox.com/support/en/us/nxe/registerdevice.aspx?step=repair)
Outside the United States
http://www.xbox.com/support/ (http://www.xbox.com/support/)
Note Online console repair service is currently not available in all countries and regions.For more information about how to contact Xbox support directly, please visit the following Web site:
http://www.xbox.com/support/contact (http://www.xbox.com/support/contact) Microsoft covers repairs for the E74 error for a period of three (3) years from the original purchase date of the console. If you are outside the initial three-year warranty period, you can still receive console repair service from Microsoft for a fee for the E74 error. For more information about this repair process, click the following article number to view the article in the Microsoft Knowledge Base:
969905 (http://support.microsoft.com/kb/969905/ ) About the E74 warranty extension for Xbox 360 consoles
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References/Links
If one light around the power button on your Xbox 360 console flashes red, there are additional steps that you can try. For more information, click the following article number to view the article in the Microsoft Knowledge Base:
907536 (http://support.microsoft.com/kb/907536/ ) One light flashes red on your Xbox 360 console
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