The RROD is the only major issue (imho) outside of Backwards Compatibility for the 360.
I've read, and it seems like with very little reports, any Falcon produced this year seems to have a very small failure rate. The question is how how many will fail in two, three, or even four or more years? If the amount is very little then MS has done a great job fixing the RROD issue, but still not a acceptable rate. Do you think the PS3 and Wii will have a 10% failure rate over the course of four years? It seems doubtful, so MS is in dead last when it comes to hardware reliability.
Anyways September is good news for those waiting to jump on the price drop, especially since It happens in September. It looks like this will be the Falcon hunt all over again, ie people asking to look at the boxes and not buy it unless It's a Jasper. By December there should be very little if any Falcons left on the market if Microsoft's price drop has such a big impact as I think it will.
Also, keep in mind you will be able to burn your games to the hard drive soon. When that happens the disc drive will hardly ever be used (once the games are burned) which, guess what? Equals less heat produced, and your 360 will no longer sound like a large UFO because the DVD drive won't be humming.
It's just that simple.
