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A friend of mine went through like 6 360s as well. He recently got one of the brand new ones (with the different case and stuff) and so far so good.... I mean like 4 months so good lol. My PS3 is still running strong after like 3 years or so. The PS3 is definitely more reliable than the 1st-gen 360, but I haven't heard any horror stories on the 2nd-gen yet.
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