Yeah, my Xbox is more or less dead. They didn't have the same hardware problems as the 360, but they were pretty cheap. Most of the ones I've seen around aren't in good shape anymore. My old PS2? *Considerably* older than the Xbox and still works. We did have to replace it eventually mostly because in our house, the PS2 still sees a lot of use, and it made sense to get a new unit. But the old one will still play stuff... it's just a little slow to read and can't read the blue discs anymore (I might even be able to fix those issues by recalibrating the laser... but why bother when the thing was big and the new small ones are... well, small... and don't get in the way as much?).
As per the original topic... yeah, they dropped it in a hurry. It had some pretty good games, too, if you knew where to look, but overall it's not one of my favorite consoles. I can't even remember what it was that finally convinced me to pick it up. Just like the 360, I hadn't planned to get it... then something made me do it. For the 360 it was Dead Rising... can't remember for the original box, though.