Besides, xbox360 is lowering the price by $100! Although they claim that it has nothing to do with the release of the ps3 slim or xbox360's 52% failure rate (red ring of death). They say it's to get ready for the holiday season sales.
A poll I read said that the failure rate is 54.2% for Xbox360's, and the second hardware failure after original repair is 41.2% But of people who said the will never buy another Xbox360 because of system failure was 3.8%. I thought it was an interesting. And 40.3% of pollers played their Xbox for 3 to 5 hours a day. That was one reason of many system failures.
Just a little percentage facts if you were interested