This problem occurs when the Xbox 360 console experiences a hardware failure.
To verify that your console is displaying the E74 error message, follow these steps:
If you are experiencing this problem, your Xbox 360 console must be repaired..... 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.
https://myservice.xbox.com/en-us/Pages/Welcome.aspx
SOURCE: system error E 74
Your xbox is becomeing to hot you must check with xbox to see if you still can send it back to get it fixed.
hope this helps you out
EnVy
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