Ok, seeing as we have a gamertag thread I thought it might be a good idea to start a thread dedicated to broken 360s to see how widespread the problem is among forum members.
Personally 2 of my friends with 360 have had to send theirs off for repair and my brothers 360 died at the start of the month.
As for me, my launch console was going strong without a single error until this morning when my GPU crapped out
which couldn't have come at a worse time as my brothers 360 was only sent off on Friday due to problems with the shipping labels that were sent, so I currently have no regular access to one.
Oh well at least I can use my bros ps3
Post your experiences with the un/reliabilty of yours or a friends 360 as im sure at least one person here has had more than 1 repair and plenty with no problems as well.