Just found this article, from before the NXE release. Sums up my worries fairly well..
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You know the upcoming New Xbox Experience that has so many people excited for some reason? Turns out that Microsoft call centers are bracing themselves for NXE-induced red rings of death. So while youre gaining a [fancy?] new user interface you may also be losing an Xbox 360. Fun!
Its like this: Microsoft is afraid that its Frankenstein of a machine may have trouble taking, in a sense, the NXE update. The result of such a rejection could be (emphasis on the could as none of this is guaranteed to happen) mass RRODs. And when the system breaks down
It gets better. You remember the extended warranty that Microsoft offered early last year in order to remedy the original RROD situation? Its set to expire a few days before the NXE launchesmeaning that if the NXE causes a RROD youre SOL.
Please keep in mind that that is all speculationtheres no reason to suspect that the NXE will cause mass RRODs. If it does, however, then were all in for a treat in the next few weeks.
If I get another RRODIve already had one, last yearthen thats it for me, Ill quit gaming.