Oy vey... Looks like the New Xbox Experience dashboard update is experiencing some not-so-new Xbox woes. November 19: launch day for the NXE update. Not 24 hours after it went live, complaints are already piling up. Various forums online have threads and threads of people reporting anything from connection freezes, slow downs, lock ups, broken TV connections, and so many other different numerical errors... inlcluding reports of RRoD'ed brickage.

Following reports of rampant failures concerning Xbox 360 Elite units in the UK, Microsoft has denied the stories and downplayed the details which were divulged. An independent repair specialist took on Microsoft's side this time around, saying that Elites are far less prone to the notorious red rings of death which has plagued earlier versions  of the console. More after the jump.

Sony PlayStation 3 owners, heads up - there's a new development about the infamous PlayStation 3 80010514 Error, and it's direct from Sony itself. It seems that the company is just a bit unprepared for the bug itself - and that's never good. Are we going to see a repeat of the dreaded Disc Read Error that plagued early versions of the Sony PlayStation 2? All the details in the full article.

Microsoft's Xbox 360 console went through a lot recently, and right now it appears as if it's losing favor among gamers and retailers in Australia. A survey taken from the country's top retail stores revealed that the Xbox 360 doesn't perform as well compared to its rivals, the Sony PlayStation 3 and the Nintendo Wii. Is there any hope for Microsoft's white horse to catch up again? Check out the full article to read more.

 Crack Xbox 360 modders Team Xecuter are offering up another nifty product for fighting the dreaded "red ring of death" in Microsoft's box of wonder. It's called the X-S, and it'll be available real soon for those who wish to join the crusade against the platform's nasty, crimson gremlins. Information on what it does and where to get it follow after the jump.

Eager to find out just what all these figures and percentages from SquareTrade and Microsoft mean to you, the typical Xbox 360 owner? Then head on over to the full article as we find out just what sort of hardware failures that the 16.4% failure rate is actually made out of, as well as what could it mean for your next-gen console. Bring your calculators when you go to the full article.

Without a doubt, there's still the red ring of death threat looming over Microsoft Xbox 360 consoles. Microsoft couldn't prove it any better as one of its units on display at the Game Developers Conference 2008 died on the spot. You'll find a video at the full article.

Reading about the reported 16.4 failure rate of Microsoft's not something that could shock us anymore, but Microsoft somewhat dismissed warranty provider SquareTrade's failure rate report about the three major console's reported failure rates. It's still a nice change from the infamous 33 percent failure rate, however. Read Microsoft's comment in response to SquareTrade's report in the full article.

Nothing is infallible, but it definitely makes good business to make your product's failure rate to be as low as possible. Now check out what a warranty-providing company has found out about the failure rates of today's three next-gen consoles (them being the Microsoft Xbox 360, Sony PlayStation 3, and Nintendo Wii) and how the company came up with it. The info at the full article.

Last month, one gamer's Xbox 360 unit hits rock bottom. Instead of picking up the phone and calling customer care, he sends an email to none other than Bill Gates himself. The result? A brand new unit in a record time of 24 hours. While it is a feat worthy of jubilation among gamers alike, Microsoft wasn't all too happy about it.

Read on to the full article to see what their official statement was about who you should contact in cases of unit failures. You canbet Bill Gates isn't one of them.