I've had the red rings 3 times already
when was the last time you had them??? I have a trick.... I know it sounds sketchy till I SAW my good friend do it and it worked bro
Take your hard drive out, unplug the one cord, but leave the power cord in.... turn it on till the red rings come on. Then rap it in two towels TIGHTLY for 15 mins. Then, after that 15mins, take the towels off, then put the hard drive on, and stand it up for 10 mins, hard drive up. Unplug ALL cords when doing so (it quickly cools it down)
After that 10 mins, plug all cords back in, and your good. Trust me, it works, I saw it in action working like this last Friday, DID NOT believe it would...