Hi Guys,
I know it is an old post but I just heard the the Xbox Elite have the same problem as the Xbox 360. I guess that the regular Xbox was the only reliable one!
I have no idea what is going on with microsoft...
If you need really good site for tech support help, I have just fixed my 3 red lights problem and now it works great.
Here is the page for
Xbox Support
I hope it will help you all!