One of my friends had his 360 go out on him not too long ago. I told him that it was shitty for that to happen, and he replies "It lasted a year. It's not so bad." And I'm here thinking "What are Sony and MS doing? Are people expecting their consoles to break like this and be shit out of luck?" About a week after he got a new 360 (he had a warranty from a game store for an extra year, so he got his new one replaced), a recall was announced from Microsoft. So that gave me some faith in MS as far as their systems going out goes.
Now Sony is another story. I remember getting one of the first PS2's. Then like the day after the warranty was off, it stopped playing PS1 games, blue disc PS2 games, and any sort of regular CD. It only read DVD's. I called Sony on this and they told me "Just give us $200 for shipping and handling and we'll fix it for you." Me: "Fuck you." It took them about another six months to finally acknowledge that they fucked up and recalled the PS2. Of course, I opened mine so they wouldn't take it back.
Now comes Nintendo. I never, EVER, hear much about their systems breaking. Not since the original NES when the whole spring loaded thing stopped working after a while. And even then it was still "fixable". Last "epidemic" I heard of from Nintendo, before the Wii straps, was something about a crack forming on DS Lites. And not even a week after it started getting press, Nintendo replied with "We haven't witnessed any of this, but give our customer service a call and we'll take care of you if this has happened."
And my same friend who had is 360 shit on him told me "You should get the plan from GameCrazy, it's really good." I told him "I have 100% faith in Nintendo products. And if my Wii were to somehow break, I know Nintendo would most likely take care of me, as long as it's something that usually happens with a new game system (see: epidemic)." "Well, Nintendo isn't just in it for the games you know. They want money too." "Yes, but I know for a fact they won't fuck me or any of their other customers like Sony does."
While yes, Nintendo does want to make money, they do know the importance of taking care of their customers. They won't take a blind eye to their consoles breaking down until someone tries to bring them down with a class action lawsuit (see: Sony PS2). So in conclusion... NINTENDO WOOOOO!