So after some research, turns out since the XBOX-360 is made in China where Lead Solder is illegal to use, that an alternative cheap solder was used and doesn't make very good connections, and in a console that already is compact and not very well cooled the solder gets hot and over time the connection breaks. So the repair that Microsoft does you can do yourself simply by tearing the console apart, taking out the motherboard, buying a cheap heat gun (your GF's hairdryer will not get hot enough for this FYI) and evenly heating up the board on both sides. Be sure you take the heat sinks and everything else like that off the board first or it won't work properly. This method works, I have done it on several consoles lately. 2 of which were trashed because of the RROD, so I pulled them out did this repair and both of them work and were given to a couple of less fortunate kids along with a few games I had acquired over the past few months for testing the consoles once they were repaired. Those kids were very happy, and so far its been about 2 months since the repairs and they're still working just fine. FYI, you don't have to buy any replacement heat-sink compound just reuse what's already on the processors and the heat-sinks when you put it all back together.
Save yourself the hassle of dealing with Microshit and just do the repair yourself.