So I went to run it, and with the pack charged, the ESC was flashing a very faint red LED...Actually it powers up normal, but when the controller is turned on it goes into the fault mode.
Called Traxxas @7pm CST. Got a live person who diagnosed a bad servo.
It will be in the mail "first thing in the morning".
Holy Cow, and I am not even the original purchaser, I thought for sure I was out of luck!!
Customer service rocks over there!!!!!!!!!!!!!