I guess I was a little vague in my wording.
I don't like the fact that:
1) Every update has lead to complaints of broken machines
2) The vast majority of broken units (based only on what I have read in various forums, so certainly not comprehensive) seem to be the "fat" units (20, 60, 80, 40 GB)
3) Sony can tell that I was using the machine perfectly fine on a certain date based on signing into PSN, but won't acknowledge that the update bricked my machine and extend the warranty to fixing it, even if that means sending out a refurb
Personally, I love the PS3 and use it far more than my 360; I have two of the slims now. Should one fail again, though, it won't get replaced. A two-year lifespan should never be acceptable for any electronics, consumer-society aside.
Panasonic TH50PX77, *Choice 530, Samsung 40C650, Sharp LC3742U, *Choice 505, Pioneer VSX-D409, Xbox 360, PS3 x 2