Unreliable XBox 360's

It looks like Micro$oft is doing an Apple, and completely denying that there's a serious problem of XBox 360's lasting approx 12-18 months before crashing and burning. No doubt it will only be when the mainstream media get hold of it that they will acknowledge that there's a problem. However, at the moment there's profit to be made from charging people ~£80 to repair something that shouldn't have broken in the first place.