Quote Originally Posted by Vivi22 View Post
Early reports put the failure rate at 20-30%, but most recent estimates I've seen put it at anywhere between 30-50% or possibly even higher. So assuming 50%, you really are pretty much flipping a coin since your odds of picking the right face of the coin are as good as getting a bum 360. But if you don't like that then we can assume 30% and say you have as much chance of picking two numbers on a six sided die and having them show up on a roll as you do getting a defective 360.

You won't get odds that good in Vegas.
Recent surveys have put it at somewhere between 50% (Game Informer) and 60% (CNET) but those are just surveys by gaming publications so I'm sure their methodologies aren't on par with the best. But I know personally myself that everyone I know who has had a 360 has had it red ring on them multiples times, nearly all of whom have gone on to buy Elites in the last 2 years which have red ringed as well.

I honestly don't know how to take the assurance that the newer generation/model/batch of 360's are less susceptible to Red Ring. We have no knowledge to base that on other than it's what they've told us. I know it's early to talk more price cuts, but I'll probably wait about a year or so to get a new arcade or elite when the price comes down.