Only took about 2 1/2 weeks to get my 360 back after it red ringed. It seems to be working good so far. I was really angry at the time, but now it's fairly mellow. Maybe because I started playing Outrun and the Pitt.
Thanks to a discount coupon, I also took the plunge on pre-ordering the Beatles package. Not sure I'll keep it on order, but could always cancel if I change my mind. I think it will hinge greatly on how the drum kit looks. The bass and guitars shown so far look great although the latter are grossly overpriced. Actually, it's all over priced.