The PS3 is 100 times more reliable than early 360. Early 360 failures were horrendous, worse than any console ever by far, including the PS2 which was a pile of junk that actively pumped dust over its own DVDROM drive the entire time it ran.
And that hope MS new console if of better quality than the last, taking from experance i had 5 replaced and that's making me think on more ps4 this time and it seems most of my mates are thinking the same thing.
I don't know about other people, but if I had replace my console FIVE TIMES, current gen, not some antique, to keep playing 360 games...I would feel like a giant tool who could be tricked into shelling out cash on anything. I sure as f*ck wouldn't buy another Xbox.
f*ck, I've only had three different PC Engines, in 20 years!