Newegg Extended Warranty

I generally like buying hardware from, but i discovered something they do, which is pretty sleazy if i have my facts right. Yesterday i ordered a netgear wired router and as i went through the ordering process, i was offered an extended warranty for two years for 25 bucks. In this case the router was about 100 bucks and i considered the warranty and clicked through the links to get the terms. Here are the basic terms:
The product will be replaced and shipped directly to you at no charge

* This program provides replacement coverage for pc peripheral products and consumer electronics
* The coverage begins after the manufacturer’s warranty ends
* The product will be replaced one time only in case of malfunction
* Shipping expenses will be reimbursed if the product needs to be returned
* Customer support is available 24 hours per day, 7 days per week, 365 days per year
* The contract is fully transferable
* Coverage is provided by service net
* See terms & conditions for additional details of this plan

Here's the part that raises my blood pressure.netgear offers a lifetime warranty on the router since it is a prosafe. The newegg specification page says this:

For prosafe lifetime warranty please see: »
Package contents fvs318
Resource disk
Rj45 cable
Power adapter
Other accessories
Manufacturer warranty
Parts 1 year limited
Labor 1 year limited

Maybe it is a mistake, but i sort of doubt they care that much. In one breath they say the warranty is lifetime and with the other they say it is one year. Regardless, newegg pushes a warranty that costs $25 that you couldn't possibly ever use. The warranty is worthless. The warranty offered by newegg doesn't begin until the manufacturer's warranty ends. Great deal huh? Am i missing something.

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