Mike,
Given the information in your post, then what is the logic for reducing the 5-year warranty to 3-years? The 5-year warranty is a great selling point and certainly motivated me to go with Everlast. It indicated the seller's confidence in the product that transfers to a buyer's confidence.
I know the 5-year can be had for 10% but it is either a profit margin increase or a hedge against future costs given the number of units out there now that sales apparently have taken off. Maybe Everlast thinks it has "arrived" and can go back to the industry standard of 3-years.
Don't get me wrong - I like the Everlast products very much and would like Everlast to stay in business and show a reasonable profit. It just seems the shortened warranty may interfere with the business plan.
It is also not a good sign that Oleg stifled the warranty discussion over on Welding Web. Maybe this post will get the same treatment.
Everlast PowerArc 300
Everlast PowerArc 200
Everlast PowerPlasma 70
Hobart Handler 125 EZ
Lincoln Tombstone AC
Lincoln Tombstone AC/DC
O/A outfit
Honda 11K generator