Found a complete 360 setup at GW over the weekend priced at $30. It was half off day, so I could have snagged it for $15.
First thing I did was haul it back to the TV aisle and hook it up for a test. No game to try, but I could at least see if it powered on and gave me the bootup screen. Unfortunately, it had blinking red ring of death disease.
Is there a fix, or is it basically toast. If the fix is reasonable, I may go back and pick it up.