Amazon: Yes, yes, yes!
After some reading on Amazon forums it was clear I was not alone and other customers had experience a similar problem that required a replacement of their unit.
I was very happy to learn my unit was less than a year old, so I contacted customer service to see what to do next. I had bought the unit while being in the states but I was now living in Europe, so I was uncertain about my choices.
Once I explained the problem I was having with the unit, to a very nice representative named Stacey, I was told unit had to be replaced. I was told a replacement unit has been sent to my address in Europe and paid with a gift voucher. I was told that using that same box I should return the defective unit once I've got the replacement.
I was even provided with a prepaid return label ready to be printed and attached to the return box. I received the replacement in two days time. I pack the defective unit and I dopped it on the nearest Mailboxes etc. It all seemed solved: wrong! I've got a call from Mailboxes asking me for some return pages I had to print from Amazon website.
A few days later I've got another email from Amazon stating they received the defective unit.
I rather prefer my device not to stop working but I am extremely pleased on the way Amazon has handled this situation. I use to complain when companies do not do the right thing, but I think it is cool when the opposite happens too.