I for the most part do not get extended warranties on most products but their are exceptions. Basically the price point of the product I paid for plays a big part of course and my out of pocket costs to replace it. Most electronics under $2000 I do not get the warranties. Now over that cost, I really give it a lot of thought and if its first generation of a new product I most likely will. I bought a 60 in Mitz DLP 1st generation set in 2004 from Good Guys. I got the 5 year warranty and it paid for it self over and over.....many, many repairs past the initial warranty and finally 3 months before the 5 year warranty expired the set died. The warranty was a fix or replace and as the set was so long in the tooth by then I was sent $$$$ to cover the replacement cost of a comparable set. This money allowed me to do a very nice upgrade to a Gen9 60 inch Pioneer Kuro Elite, which without the warranty money I would not have been able to get. Since the Kuro was way over my $2000 get the warranty mark I purchased it.
Two months after the Pioneer purchase they announced that they were going to stop making the plasmas!
Fortunately the Kuro has worked flawlessly.
Now how this extended warranty will work out if it is needed I do not know but at this point I only hope I do not ever need it. I love this panel and hope it out lives me!......yeah I'm a little long in the tooth also.