my theory on the 360's "red ring o death" is this:..hooking the machine up to the internet is what causes it to do that. it may even be that its some kind of scheme by microsoft to sell more product. all i know is that the fail rate for the 360 is something like 50%, but the one we've had has never had any probs, and i think its bc we havent hooked it up to the internet. i'd like to see some stats on that. on the fail rate of the 360's that have/havent ben hooked up to to the internet. don't know much bout the ps3, but plan on prolly gettin1 since the price went down and it has the blue ray and all.