A 500 million repair fund has been set up for Xbox 360 Elite consoles suffering the ‘red ring of death' fault, according to
The fault, which freezes console units, was apparently less-likely to occur on Elite machines.
In a statement issued to the newspaper, Microsoft said: "The majority of Xbox 360 owners enjoy a great experience with their console. Anyone with a problem should call Xbox customer service."
Update: MCV has since learnt that The Mirror story relates to last year's fund set up to deal with the problem, and is not specific to Elite consoles.