A 360 a good idea?

Hello, i've been recently taking interest in the Xbox 360. I just tried Call of Duty 4 and Gears of War at my friends house, let me say i had a hella fun online.However, i am worried about the reliablity of a 360. I don't want mine to break a while after i get it. I had never had an Xbox and i love Nintendo because of their reliable systems. I also don't want to spend so much after i get it, the games are already 60 bucks unless i get them used. I really want Xbox live though. I hope this is easier than i think. Give me some tips please. A 360 a good idea?
I just bought mine, had the same concerns. The newer ones have better hardware, are less likely to run into problems. MS has a 1 year general warranty, and a 3 year warranty on the Red Ring of Death, the major hardware issues. I also spent $60 at Best Buy for their 2 year replacement plan -- if my 360 malfunctions in any way, I take it back, and walk out of the store that day with a brand new 360. Well worth the peace of mind.I'd say -- go for it!!!! A 360 a good idea?
I own all three current-gen systems and I have the most fun with the Xbox 360. Get one.
Of course things turn out differently for different people, but I've had mine since last September and haven't had a single problem, and has been mentioned Microsoft does have that warrenty. I'd say go for it based on the 360's huge library, and if you don't mind used games there's a great selection of excellant games for little $.
i second that -- I just picked up 4 cool used games for a little over $40.