Year Warranty

Is it a good idea in getting a year warranty for a brand new PS3?
I am saving enough money to get a brand new PS3 by early January 2009 and i am wondering is it a good idea to get a year warranty for 50 dollars.
Getting a warranty for 50 dollars its too much but i think it worth it and the PS3 and warranty takes place in a brand new building sears store not far from where i live at. And the PS3 cost just over $400 dollars and it killing me to say that i want it so bad.
Most things you buy, even toys will come with a year warranty so be sure to check out what the warranty entails with the PS3 that you buy. Most will come with a year built into the purchase so it might be wiser to check out a 2-4 year warranty if you buy a separate one. Also, you might check into product insurance which would also cover if lost or stolen and not just broken. Read all fine print and keep all paperwork in a very safe place that is quick and easy to find. Stores make a lot of money on these warranty’s which people buy and then never use or even forget about. Also take into consideration that your home owners or renters insurance will cover such things whether broken, lost or stolen. Point is, if you don’t have to spend extra money don’t. You can probably save the amount for extras for the PS3 instead.
One Year Warranty@SFSU WHAT Showcase 3
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