I got my 360 elite in 2007 and it only failed the day Mass Effect 2 came out (Crashed during gameplay) and due to the error being an E74 error I had it fixed for free and no problems since.
So in all I have had the 1st 360 I ever owned.
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I have had 2. I got a white 60gb Xbox in 08. Then I got the Xbox slim. There was nothing wrong with my white one except the tray occasionally wouldn't open. I gave my old Xbox to sister