What could this be? It’s a brand new error code spotted on the internally rearranged Falcon-based Xbox 360s . You’ve got two red lights on the right and two greens on the left. Wild message board speculation suggest it could be a brand new internal error or the same old “general hardware failure” that used to be represented by the red ring of death. But then why would M$ (omgnohedidnt) introduce a new color scheme of hardware failure into the mix, just to bother us?