Being just a bit harsh here aren't we? My 360 has been running almost non-stop since 1:00 am Tuesday, running three different games and with 4 teenage boys to abuse it.
No problems at all to report here and from my own reading online, the true number of problem boxes out there is extremely small given the number of boxes put into production in this short time period.
Ease up on MS a bit and save your ammo for when they truly screw something up.
The info I've read seems to indicate two problems:
1) The box runs very hot.
2) The DVD drive is very noisy.
Is that the case on your system?
Are the graphics as good with it as they've been claiming?