[quote name='CaptNink']I bought my first 360 in March 2006 and I plugged it into the wall. Worked great for 7 months.
Then I bought a fancy-shmancy surge protector and plugged the 360 into that. 3 weeks later, and I'm getting the RCOD.
I get my second brand new 360 from M$ (in Canada, M$ sends you a new machine, not a refurb). Plug it into the wall and it runs with no problems for 5 months.
I talk to a friend of mine who told me that his house got hit by lightning and a lot of his electronics got fried. He lives on the east coast where they have alot of lightning storms. Luckily, his surge protector protected his t.v., game console, etc.
After talking with him, I start getting paranoid about leaving my 360 plugged directly into the wall. Even though I live on the West Coast of Canada where we might get a lightning storm once every two years, I'm getting a little nervous (I worry alot about stupid stuff.)
So again, I plug the 360 into my fancy-shmancy surge protector. Within two weeks, my second 360 is dead.
I am now on my third 360 and it is staying plugged into the wall. I don't care if God himself decides to hurl a lightning bolt through my living room window, the 360 is not getting unplugged from the wall.
Now, you'll have to draw your own conclusions here. I'm convinced my two 360 deaths were caused by the surge protector. Maybe I'm nutz, and it was all coincidence. I leave it up to you to decide.

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I think you might be right My launch xbox 360 died about 4 months after I started using a cheapo conext brand UPS. However my current 360 (just got it last week on best buy 2 yr warrenty) has a different 2 prong psu so it may fair differently. Then again I also added a wii right next to it in that same time frame and it was only 1 inch from the right vent so maybe that was the problem