It began with the death of HDDVD. It ends with consumers tired of pumping money into Bill Gates' wallet. The stain of RROD is a shame which can never be erased. Since HDDVD is dead there is virtually no reason to be paying more than 150 USD for an Xbox360, and even at that price point, such a purchase is somewhat questionable. Once hailed as a cheaper HD console to complement Nintendo's gimmicky Wii, it is now seen as cancer upon the video game industry, adding to the delay of games, its expensive online service, and ridiculously bland line-up all but ensure that PS3 and its superior blue-ray quality future proof capabilities will continue to outsell the Xbox360 for the rest of the year and for all time.
I would be willing to bet many cans of Colt 45 on it.