Quote Originally Posted by Fragony
http://www.360-gamer.com/news.asp?id=1143

Also had a ring of death, xbox360 has severe hardware reliability issues. Well that was already known, but I didn't realise it was this bad. To make it worse, it only uses one core now and it overheats, wait untill the more demanding games come, thing is a timebomb. Thinking of selling my 360 and getting a ps3 instead.
From what I've heard the 360's failure rate has gone down. M$ has been tweaking the production process to get it down. That said the PS2 also had a large failure rate. The thing just needs lots of ventilation. If you treat it like a PC you should be fine.