'lolololol omfg RROD lol M$$$$$$$ rofl fail'. The RROD argument is stupid, i know more 360 owners than PS3 owners yet i have heard more stories from PS3 owners of problems than 360 owners, and we all know that MS do a lot better at sorting any problems out. As soon as PS3 fans mention RROD in a console argument, they're already losing.
As for live, go to ebay. You can get 13 months of xbox live for £28.50, that works out at just under £2.20 a month. I consider that bargin of the century considering the amount of use and enjoyment i get out of the service, and i'm more than happy to pay that to ensure XBL stays better than PSN.
And don't start with the Blu-ray player bs. If i wanted a Blu-ray player, i would of bought one. I bought my 360 to be what it is, a games console.