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There is a lot of talk about a new Xbox console, but I wonder how well Microsoft would do with consumer confidence where it is now. 

I've been a fan of Microsoft and own both a XBox 360 and a XBox.  But I've had a ton of problems with my XBox, and I dont know anybody who hasn't had a problem with theirs.  Yeah, they repair it for free, but I shouldnt have to worry about my XBox failing again and having another 2-3 weeks with no gaming console.  Especially if it causes you to miss the launch of Halo 3 (brother) or Call of Duty (me).  Even though I've owned all of Microsofts consoles, I have a hard time seeing myself buying the next one, and if I do it wont be an automatic, no-brainer like my earlier purchases.

Do you think Microsoft can successfully launch a new console?  I think they have a lot to prove from here on out before they can match or better the sales of Xbox 360.