The design of the 360 has been flawed from the beginning. I HOPE with the new Jasper models out now with the 65nm CPU and 65nm GPU this will be a thing of the past but I won’t get my hopes up.
I wonder how Microsoft sales figures will look if you take all the repeat 360 buyers from the 3rrod out of the picture?
I just had this happen to me yesterday after having my 360 for almost a year. This was right after I updated to the new dashboard. Im talking hours here. I got it to start working again after I unplugged it from the wall then back in...(my power supple light was red. was yours? http://support.microsoft.com/kb/906101/ )