If it was a gift, or held some other sort of sentimental value to me, like winning it here from a GAW, I'd keep it and buy a new one. If not, I'd send it back to get it replaced.
If the tool has given good service and you've had your money's worth out of it then I think you should retire it and buy a new one. I believe the free repair/replacement warranty should only be used for manufacturing/material/design faults, not fair wear and tear (or abuse/misuse).
... and then gently lay her to rest, somewhere where i could reach and easily fiddle with her for nostalgic purposes..
Quote from: Agonistes on January 18, 2014, 03:32:14 AM... and then gently lay her to rest, somewhere where i could reach and easily fiddle with her for nostalgic purposes..This sounds vaguely necrophilic.
If the piece had great sentimental value then I would just retire it and have the great memories associated with it. If the tool gave me years of service and withstood all the abuse I gave it I would retire it also. The only time I would send it in for replacement or repair under warranty would be if it was a very expensive piece or if I feel some of the problems were associated with manufacturing or poor product design.