My 360 finally died at the ripe old age of 4 months. Freezing, "checkerboards", and finally the "3 red rings of death". The console was well taken care of, ventilated properly...it is truly bizarre. Fortunately, I have the Microsoft extended warranty thing so off it goes to get fixed...if it can be.

Anyway, in the meantime I plan on buying another 360 to use whenever the other one inevitably breaks (it's so sad that I have to do this). The question is simple...

Can I use my first 360's hard drive on the new 360? Does it work like a memory card would? Not surprisingly, the Xbox support site doesn't say anything about this (I would think) obvious question. Any help is appreciated.