1. Huh? Laptops are cheaper than ever. 5 years ago, you could not get into one for under 2 K... now, even a lowly MB is only 1.
2. I would say blow off any extra warranty. If, in 10 months, you are still nervous, get Applecare on eBay or wherever and sleep well. But store warranties are usually pretty poor. I do NOT know Frys specifically (and that loaner notebook does sound cool), but I know you are just throwing money away if you get a Best Buy one. Personally, I would NOT do those. Applecare if anything, and make that decision based on your first 11 months of ownership!