I have owned and enjoyed my Xbox 360 since I first got it in September 2006. I currently have 5 games for the system (along with several Live Arcade games) and I've escaped these last 7 months with nothing more than a couple of very minor freeze-ups.
Yet still, I can't seem to shake the notion that my Xbox 360 is something of a time-bomb; a failure waiting to happen. With the numerous reports of hardware failures, it's been a bit difficult to come by a 360 owner who isn't on their 2nd, 3rd, or even 4th system. My system has worked almost flawlessly since I first got it, but all of these reports of hardware failures have me at unease. I feel like my 360 will inevitably show me the "3 red lights of death", it's just a matter of when. Because of this fear in my system's failure, I have become reluctant to spend any time/money on the system. I don't want to waste either time or money on a system that will end up failing me.
So, should I be so concerned about the health of my 360? Am I worrying too much? Sure, I may be able to send the unit back for repair (assuming it is still under warrently if it fails) but after hearing all of the horror stories, I would just like to own one console and have it work for me.
Between this, the newly announced Elite, the PS3 included Wi-Fi, and the string of awsome-looking PS3 exclusives coming later this year (Lair, Rachet & Clank, Warhawk, etc.) I'm starting to wonder if I should just sell my 360+games while it's still working, wait a year, then buy a PS3 when it's cheaper.
Am I worrying too much? Is anyone else in the same boat as me?
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