wow i know how you feel, mine just died last week and my wife went out and suprised me with an elite, i have to say it runs alot quieter, but my first system was a launch, so i was forunate enough to have it this long with out the RRoD.
i just got mine two days ago and the guitar started acting up last night so i did the fix that was all over the internet last night and it works fine now. i'm not sure if my drum set is messed up or not. it seems okay. we'll see with time.