Initially I was worried as well when I started reading about this problem, almost "hoping" I would get it soon, so that it was within the warranty period (given the cost of a new loom).
However, after looking at Jaguar's repair instructions for this issue (which includes a couple of photos) it seems like this issue would be extremely easy to fix without replacing the whole loom.
I might be wrong, of course, but that's the idea I got from the pictures.