Yes boys and girls, you heard it here! My 2+ year old "Falcon" core XBOX 360 just crapped out on me. I was about to play Brink with my buddies. I turned my XBOX on, plugged in my Turtle Beach DX11's and walked away. When I came back all four light plus the middle (green) one were flashing. It has done this before, but it was an issue with my A/V cables.
So I turned off my XBOX and turned it back on, only to see sections 1, 3 and 4 lit up. Meaning the RROD. So it looks like an E01 error. When you get ANY error code, press the SYNC and then the EJECT button to bring up a secondary error code. I did that and it was "Short circuit in the console/faulty PSU". So MY XBOX is fried. YAY!
For anyone that wants to know how to get the secondary set of error codes, here's a great site that explains to you how to get it and what each secondary code means. My XBOX could easily be broken via the power brick, but I don't think that's the case.
P.S. At least I was able to play about 12 hours of Brink. Just enough to beat it too. :)
UPDATE - So after sitting there and I wrapped up my headset, put them back in the box, I picked my XBOX up, started to shake it and you could hear a piece inside tumble around. Then I kicked it. I plugged it back in and the darn thing fires up like it never had a single issue. LOL. That's how you fix a RROD. Shake it, followed by kicking the thing.