I bought the XBOX 360 when it first released 2 years ago. I have since played a multitude of games on the system over the course of those 2 years and really put the machine through its paces. Its held up well this whole time and although I am aware of the many reports of hardware issues with the system, I have yet to personally experience any.
One of the areas that the XBOX 360 excels in is the online experience. Playing multiplayer games with others online is seamless and really easy to do. Accessing extra content online like videos, extra game content, game demos and the like is made extremely simple and this area of the experience provides a whole new facet to your console ownership. There are also a large selection of XBOX LIVE ARCADE titles available for download from arcade classics like Pacman and Centipede to new and amazing titles like Geometry Wars or Cardgame classics like Uno.
There are a variety of high quality exclusive games available for purchase on this console such as the ever popular Halo franchise. For those interested in a more sandbox oriented experience, or those with children, Viva Pinata is an excellent exclusive to this console. Recently, another noteable exclusive is the RPG franchise Mass Effect by Bioware.