The faliure rates are listed here.
http://www.squaretrade.com/htm/pdf/SquareT...bility_0809.pdfU see for an Xbox 360 (source was 29 Aug 2009, a year ago) the faliure rate is almost 1 in 4m, however newer consoles fail less. (so we are told) The PS3 has a faliure rate of %10 or 1 in 10 consoles. Thats still pretty high. The Wii is best 2~% or 2/100 fail. IMO the Xbox and PS faliure rate is bad. The 360 being really bad. Tho hardware revisions make them less prone to faliure, look at nintendo. not many faliures at all. The machines this gen from, MS and Sony pretty poor.
I voted that I had my PS crash. I do not believe my crash is a Hardware issue. Its just mag. Mag is the only game that crasehs so...