I've had a 360 for 2 years and have about 40 games. This statement makes me greatly reconsider the wisdom of that investment...
Out of some 40 or so consoles I own or have owned, i've only ever had to get two replaced -- an original PS2 (which I screwed up) and my 360. Why is it that others can make consoles that just work, and work well (I'm looking at you, Nintendo) and MS coughs up a pile of substandard glue, clamps that warp, and ruin?
If my Elite goes out -- screw getting a new one, I'll just sell the games and play the PS3. No point in encouraging their shoddy hardware, no matter how much I like the games.