Not surprised it took this long, what with all the 360 owners having to buy brand new 360's after their first ones crapped out on them.
I'm on my original one from 2007.
It's wierd. Everyone I know except for two people got a red ring. One of the two people who didn't has effectively had his 360 snowed on, rained on, and dropped several times and it worked just fine. It's like the 360 thrives on abuse. ;P