A gaming blog has been tracked a new kind of Xbox 360 error, the "E74" error, an issue that causes the console to crash and show a multi-language kill screen. You'll also get a single red section on your system's power button. Microsoft is aware of the problem, and has since amended it's three-year warranty to cover the error. The site decided to gather some data, and found the same data (Microsoft's warranty calls it "general hardware failure"): the E74 error was a widespread issue, and seemed connected to the NXE, although that might not be the direct cause of the issue. "The time frame for the rise in issues makes NXE and its November debut a suspect."

Full Article