BACKGROUND: I purchased an xbox 360 2 years ago. It broke within 6 months, caused by the infamous Red Ring of Death power light. They sent me a totally different 360, which broke in 6 months from a non-red ring related issue, this was the video display crapping out. I have had 2 more (4 total) in 2 years. I haven't paid for anything but shipping (still about $80), because they know it was their own problem. They released a plagued product like Microsoft always does, and millions of millions were sent in to be fixed.
Because my 4th xbox broke last month from the Red ring, I decided to go buy a NEW xbox 360 Elite, the sweet shiny black 360 with built-in wifi and 256Gb hard drive. It is sooooo damn loud it's unbelievable!!! It was marketed as this fast and super quiet superior machine. Well it's not. They took out the red ring completely, but it still runs just as slow as my other 360s, and its 2x as loud! The fan on this thing is like a jet turbine, seriously you can hear it humming from the next room over.
It also gets super HOT! The main problem with the previous model was that people like me would play for 6 hours straight or leave it running, like a computer, and it would overheat. There weren't enough fans or vents. So they decide to build a larger vent and larger fan... that's fine. But it's still VERY VERY hot and loud. I'm worried it will fry again... let's just wait and see. Regardless I am not happy with another Microsoft product.