Yes, but sorry, balls are only warranteed for one year from the purchase date. If they crack within that time, almost every case I have heard of, all manufacturers will replace the ball free of charge.
Remember also that this is a new Columbia300. As of Spring of last year, 2007, they are now owned by Ebonite. The U-Turn was manufactured by the old Columbia300. That could also be the reason. It is a new corporation.
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"None are so blind as those who will not see."