I didn't know how serious the 3 rings of death situation was when I got mine. If I had known, I probably wouldn't have gotten one. Actually I probably would have, but with warranty.
33% sounds very right. I wouldn't be surprised if it were true. Plenty of people on my GS friends list have had their 360 fail. 360's are failing at an alarming rate. There is no denying that. Hopefully this will be addressed by MS at E3. But I doubt it.
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