OK, Since I am patiently waiting for my new 08, I have lots of time to decide on this warranty issue. My initial gut feeling on any extended warranty is that it is worthless. My business professor told us to always decline those kinds of offers as there was so many loopholes in them, your better off saving the money and putting it towards future repairs. So my question to this thread is this. Has anyone ever used this warranty? Has anyone ever been denied a claim that they felt should have been paid? Whats the feedback on this policy. Thanks for your help!