semiautomatix
Honorary Master
Don't stress about it saffa, the new 360's (HDMI units) are pretty solid and seem to have all the problems worked out. Either way timgaul's right: keep your proof of purchase somewhere safe and you shouldn't have any issues. My overarching opinion? The gains far outweight the pains.
(I know, pick a corner, need more coffee...)
Don't be fooled, while not nearly as legendary as the RRoD, the PS3 is having a few issues of it's own, namely with the Blu-Ray laser failing.
Heard of a rather large amount of overheating, as well. That takes us back to the early days of the 360, doesn't it? You're not safe either way, keep your receipt and in the unlikely event of a problem, you should be covered (that goes for both consoles).