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Two biggest knocks against 360 hardware are RROD and DVD drive noise.

1) Newer chipset are supposed to have fixed RROD issue (and reports have gone significantly down) and you are covered by the 3 year warranty for RROD issues (as noted above).

2) NXE allows for installation of games to the hard-drive so you can reduce wear and tear on drive as well as the noise associated with it. So if you plan on getting a Pro (or Elite) that would cure that.

If you enjoy games, you owe yourself one; just as I intend to enjoy all the PS3 has to offer eventually (Wii too, relax killers).