Lol!
I've had my 360 for over 2 years already and have yet to have any problems with it!
The PS3 isn't flawless either.
You are one of the lucky ones. We have 2 - 360's in our household.
One purchased when they came out, and the other 1 month later.
When the 360's 1st came out, there was a little flyer in the box where
for $ 79 you could get a 4 year warranty on the unit from Microsoft. I got the warranty on both. The second unit has been returned 3 times, twice within the 1st year, and 4 months ago. The 1st unit has been returned 1 time, also within the 1st year. While I didn't have to pay to get them fixed, it still was an inconvenience (for my 2 sons, not so much for me) sending them back and not having them for 2-4 weeks at a time. For Microsoft to just extend the warranty on the 360 the way they did, the # of units failing had to be extraordinarily high.
On the other hand, our PS3, ( This one is more mine than anyone elses) which was purchased in December of last year, hasn't had any problems whatsoever. I agree the PS3 isn't without it's faults, but it's been rock solid reliable so far, and it's also a great BD player.