I got the white basic model a week after it launched. It ran fine without any issues; after the initial update I was left with 2.5GB of storage left so I decided to return it for the Deluxe black model.
The black model had the blinking blue light error out of the box. After a quick google search, there was no fix since it was some RAM manufacture issue so I went to exchange.
The second one is the one I have today and has ran without any serious problems. It has never frozen while playing, but it will freeze maybe 1 out 5 Netflix launches. I just hard reboot it so I put up with it.
Gaming on: PS4 Pro, Switch, SNES Mini, Wii U, PC (i5-7400, GTX 1060)