Scenario: "I bought a PS3 or an XBox 360, second hand from some punk". Guess what It does not friggin work. Darn I lost my money and I am stuck with an expensive brick.
Lesson learned here buy a new console with a warranty or buy a second hand console from a game store who give you a 12 month warranty to cover your purchase.
Better safe than sorry. I am making a possible scenario here and it has happened to people and it sucks when you get ripped off by some thief.
I have thought of buying a cheap second hand console from some punk on the street but I just could not depart with my hard earned money.