I've heard of the slipper clutch bushing and bearing problem but that is a fairly easy fix.
http://monster.traxxas.com/showthrea...slipper+clutch and
http://monster.traxxas.com/showthrea...lipper+bearing
Since you've only had the truck 3 weeks you might call Traxxas and see if they will send you replacements. A quick search of the Traxxas 4x4 forum show others that are having bearing problems. Not necessarily the rear diff bearings.
Also, here is a video on how to clean rubber sealed bearings.
http://www.youtube.com/watch?v=T_yhucQjFBg