In the somethingawful forums, which has a lot of 360 fans, people are reporting failures from brand new (newly bundled machines) as well as Elites. Elites are no different than normal premiums right now, except that they're painted black and cost $100 more.
People are getting failures out of the box, failures within a month of purchase, and failures from units sent to them from Microsoft during the repair process. Nothing has been fixed yet, as far as I can tell, and I'm eagerly anticipating the 360's fix.
I can't wait for Microsoft to fix this damn thing, but they haven't yet. New units, freshly manufactured units, are failing just like the old ones did. And we only see the short-term failures -- 12 months from now we'll probably have the same huge failure rate for the units manufactured last month.
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