I went wheeling this weekend and someone got my panties in a bunch when they told me that craftsman was no longer honoring their warranty. I did some research and found out that they have not changed their warranty, just that the way they handle returns is being modified. I could always walk into any Sears store and hand them a tool that was worn out, usually a 3/8 ratchet. They would simply hand me a rebuilt one from under the counter or get a new one out of the tool cabinets.
Apparently the warranty is so short and simple that it is open to interpretation. There is nothing requiring them to simply hand you a new tool. There is also no stated time frame for replacement.
Here is a link to a good write up I found on the subject.
http://toolmonger.com/2006/08/08/a-quick-comment-on-the-craftsman-lifetime-warranty/
Apparently the warranty is so short and simple that it is open to interpretation. There is nothing requiring them to simply hand you a new tool. There is also no stated time frame for replacement.
Here is a link to a good write up I found on the subject.
http://toolmonger.com/2006/08/08/a-quick-comment-on-the-craftsman-lifetime-warranty/
I dumb. didn't realize this was a