I bought an extended warranty for my PS4 but when it broke Sony wouldn't repair it

A lengthy piece over at Bleeding Cool.

I heard my wife stirring and she ended up waking up and running downstairs in a panic thinking our house was on fire because she smelled the burning plastic smell. I told her I was pretty sure it came from the PlayStation 4, and she asked me if it was smoky in the house or if her eyes were messing with her since she just woke up. She confirmed our suspicions – it smelled smoky when she went upstairs, turned on the lights up there, and the smoke was fairly thick. Obviously, I was quick to contact Sony about this issue.

After setting up a service, now being a year and 3 months after my purchase date, but still well within my three year extended warranty, I waited a week for my shipping box that never came. I contacted Sony again to get an update on the situation where I was informed that I was NOT under warranty anymore and that my $60 extended warranty only covered my then second console despite what I was told. I got off the online chat and called Sony support directly where I was put on hold for quite a while until I was eventually informed that they would NOT cover the PS4 unless I paid for the service. All of this, despite the fact that it had the potential to burn my house down if I wasn't around to notice the smell and unplug it. I immediately traded in my console as a broken, defective system (lessening my trade value) and put my money towards some upcoming Xbox One releases.

Sony think that security of your PSN account is entirely your responsibility - do they also think that making sure your PS4 isn't dangerous internally and doesn't burn down your house is also your responsibility?  Maybe they want everyone to open their consoles to check they're safe ... which of course will invalidate the warranty.