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Seems people easily forgot about all of the CD problems Sony had with the PS2 and then the problem with the YLOD with the PS3.  I know for a fact I can attest to both problems because I had to jump through hoops to fix that CD issue with the PS2 that Sony charged me 150 bones to fix.  Then when my 60GB First run PS3 bit the dust with the YLOD, the same thing.  I would have to pay 150 bones to get that fix.  People state that the YLOD was not as bad as the RROD but it was bad enough to effect 4 out of 10 of my friends.  Either way, if you face such hardware problems, you care not how prevalent it is, you just want it fixed without having to pay 150 bones.

Personally, Sony and MS have much to prove on the hardware point.  I can say that my Wii has given me no problems and in general, Nintendo consoles seem to last a dent amount of time.