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Andrespetmonkey said:

PS3's failure rate was estimated to be 10% in it's first couple years on the market. I don't know about you, but I'd say 1 in 10 machines crapping out is pretty poor. For reference the Wii's was 3% and 360 got up to about 30% at one point. You can just google for sources.

You can't make a powerful console like the 360/PS3 without making a few mistakes.

10% failure rate is actually good  great for a launch system that powerful.