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If 360 can reduce failure rates it will do fine. I had two of my 360's pack it in a Christmas. Last week I went through the process of getting them replaced...

It was funny, I was at the Purolator depot waiting in line to drop mine off... In the 15 minutes I was there, one person also brought in a 360 and two other people picked up their returned 360s... You can tell by the size of the white boxes they use for shipping!

I hope the falcon ones are less prone to failure. And when they get the new video chip in it should reduce failure to zero.

The lineup is fine. Still have lots of stuff to play from last year and I think that the new IP will be just as good as PS3's big name IPs this year. Unfortunately, they may not get the press time that names like MGS4 and GT5 will though.