Should I buy the extended warranty?

Full Story at CNN.com

(CNET) — It’s getting to be that time of year again: The leaves change, the temperature drops, and we redecorate our living rooms, desks, cars, and backpacks with shiny new electronics.

A recent survey by the Consumer Electronics Association found that respondents plan to spend, on average, $222 each on gadgets this holiday, an 8 percent increase over last year. And among teens and adults, computers and video games are the most wished-for items this year after clothing.

One of the grand traditions that goes along with buying electronics is being asked at the register, “Would you like to purchase the extended warranty?”

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