Felt like people are buying cameras with long warranty period so that they can sell it off later on.

To me, Technology are changing so fast, Its so hard for us to use something (Digicam, phone, lappy, desktop, etc) for more than 3 years. You would surely be tempted to buy a new one later on. To me, 2 years warranty is more than sufficient, and always, those long long warranty period given by big companies (Harvey Norman, Nokia, Sony, etc), they can claim that it covers this, covers that, its so easy to do it.. blablabla crap.. but when you really need to claim warranty from them, you would be cursing them so much they will crash and burn in hell once your done with the warranty claim.. lol..
I've personally experienced a lot of these warranty claims problems and until today, not one of them is really pleasant. They will tell you things like its only parts warranty, doesn't cover labour, etc. Suprisingly, those smaller shops, they can provide much better services and having a single point of contact really ease our pain in claiming warranty.
Then again, this is purely a case-to-case basis thingy as its up to individuals and whom they met when they claim their warranty. Just sharing my experience though.
Peace yo!
Just my 2 cent.