Powerhouse and Extended Guarantees

An electrical goods chain, Powerhouse, goes bust and guess what idiots have paid out for extended guarantees which are now worthless.

I've never bothered with extended guarantees and touch wood have never had a problem. Although, I've had a couple of products go bang in the first year, when you don't need the extended guarantee at all!

The only possible exception to this rule are modems. I've lost so many to thunderstorms that I'm glad now that I use a satellite connection.