http://www.kenniffonline.com/profits-xbox/

Is it possible that the red lights of death, were made?
I have a conspiracy theory. Does anyone else think it strange that this issue 3red lights seems to be a big deal just before the release of Halo3? My xbox360 worked well in a moment, then the day bam-3 flashing red lights next. I called the message service and discussed my exact problem. They are committed to solving the problem for free, but it would take from 3-5 weeks for the system repaired. But I heard that you could get the system fixed before Halo3 comes for a fee. So this is what I'm thinking, "3 lights problem occurs pre-Halo some people pay for that the fixed income = for MS. Some will go to buy a new xbox because they simply can not wait that long to play = H3 benefit for MS. Could a signal is sent to 360 randomly throughout the country launches such as the lights malfuntion 3flashing Sorry if this is ridiculous, the timing of this malfunction main just seems odd to me.
Nah … should just be a coincidence, but his conspiracy theory is fun. But if you want an answer I could give you more to think then perhaps those who live and are always connected to the Internet were affected by a kind of red death virus sent by microsoft … hahaha … not taken seriously or if my answer? and if you may have LIVE … do not go paranoid. haha … just stay calm and if you can take to be late for playing Halo 3 and then have fixed for free but if you are someone who can not wait to get it fixed so quickly by paying … haha …
IGN Daily Fix, 11-2: Xbox Live Bans & IW Controversy