Yes I'm also quite sure Dodge recently dropped the 70k warranty.
My friend worked at a Mitsubishi dealership for about a year and a half, and most of us know Mitsu also has very good/long warranties. He found out fast though that usually companies that give those warranties give them for a reason. Their cars aren't nearly of equal quality to the GTO and have a good chance of having serious powertrain issues within the first 2-3 years of owning the car.
Now yes, the 3/36 warranty we get with the GTO isnt very long, but from what I've heard so far there aren't too many people having major problems with the GTO. While we can of course count on there being some major problems with a few of the goats across the world, it's not too much of a bad thing because every car out there has a bad apple somewhere. I'd much rather have a good quality built car that I can count on and not have to worry about breaking down too much, than one that has a 7 year warranty which I will most definately have to put to use.