Extended Warranty- is it worth it?

Well, let's put it this way: NO!!!!!!!!!!!!!!!!!

Read the contract fine print and I think you'll be surprised at what would be covered and what's not. Things that don't often break in the early years are covered while things that do break more often aren't.
Invest the $$ in a few tools & spares and learn to fix things yourself.

Not worth it. Check the exceptions and copays.