I'm an Xbox 360 owner, and mine has never died, I've had it for about a year. If your 360 DOES die within a year, they replace it free, and give you a free month of Xbox Live
I don't think they break that often though, it just seems blown out of proportion on the internet
I
highly reccomend you get a 360, with Xbox live, infact I don't think I've ever enjoyed a home console nearly as much as I have my 360. My 360 usually gets daily use.
The *most* important thing about getting a 360, is getting Xbox Live. Xbox Live is the best invention since sliced bread, okay? You really can't understand how wonderful it is until you have it. Your console comes with a free microphone, and in every online match, everybody else has one as well. There really aren't that much "cursing racist 12 year olds" like you hear about all the time. Then theres the Xbox Live Marketplace, which has thousands of Themes, Avatar-picture-type-things, downloadable content for games, hundreds of demos, movies, tv shows, etc. Xbox Live arcade is also awesome, with a huge lineup of great games.
I highly highly highly reccomend getting a 360.
My Top Reccomended Games:Gears of War
Viva Pinata
Crackdown
Shadowrun (only online, but very fun)
Rainbow Six Vegas (great online mode)
Xbox Live Arcade games I reccomend:Prince of Persia: Classic
Boom Boom Rocket
Geometry Wars
Castlevania: Symphony of the Night
Alien Hominid HD
Settlers of Catan
Doom
Marble Blast Ultra
Mutant Storm Reloaded
Pacman CE (like pacman 2
)
Paperboy
Pinball FX
Small Arms
Ultimate Mortal Kombat 3
Worms