I work with extended warranty all the time (not from B&H). It all boils down to how much money it could save you, the probability of your gear getting damaged, and how well they take care of their extended warranty customers. How many claims do you get? How much is the deductible? Do you have to purchase the extended warranty again after the item is replaced? How long is the manufacturer's warranty and what kind of coverage do you get with that? Etc. These are all questions you'll want to ask yourself before you take the plunge. In general I like extended warranties, but they are a money making tool for companies, keep that in mind. Also, are you the type of person who is willing to take the time to make the claim and jump through the hoops? Or are you more the type who just needs it here and now and is going to buy something anyway just because you need it?