I just warrantied two older jackets this year through Burton. They gave me a choice to select any two items in the same price range. I got full retail value for my warrantied coats even though I bought them both on sale at the time.
I walked away with a jacket and pants instead of two coats again. Both of which also have a lifetime warranty.
Very pleased with their service as I had genuine manufacturer malfunctions. They might also give you store credit so you can go on their site and get whatever you want with it.