Itís not the TV
Weather it's a failed mod attempt
Or a unmodded/unopened stock box
I think that the red/orange flashing is a general motherboard failure
I read that the v1.0/1.1 boxes lose the mpx chip due to heat issues which cause the error.
Or burnt up traces can cause this error on attempted mods
Here is a possible fix for one of the causes of red & orange flashinghttp://www.xbox-scene.com/articles/red-orange.php
If your box is unmodded/unopened stock box then you should get a hold of M$ somehow, maybe they can fix it?