I got red ring last year and it's sitting around as a paper weight. I'm bored sitting home today and was wondering if it's safe to take it apart? It's not covered under warranty anymore. Is there any chance of getting electrocuted or anything?
As long as the power cord is out, there is zero risk (push the power button before you begin to drain any remaining power). Also, remember to ground yourself before working with hardware (touch a sink or a metal object.) Its to protect the electrical components from damage, but it doesn't affect your safety.