Xbit has an article about failure rates of current gen consoles.
http://www.xbitlabs.com/news/multim...ndo_Wii_Most_Reliable_Video_Game_Console.html
http://www.xbitlabs.com/news/multim...ndo_Wii_Most_Reliable_Video_Game_Console.html
According to SquareTrade, during the first two years of ownership, 2.7% of Wii owners reported a system failure to the service provider, compared with 10% of PlayStation 3 owners and 23.7% of Xbox 360 owners. In fact, even excluding the infamous “Red Ring of Death” failures, which are covered by Microsoft’s 3-year warranty, 11.7% of Xbox 360 owners reported a failure.