My 360 got the RRoD yesterday, after freezing at random points in gaming over the last several months.
Tomorrow, I am purchasing a new 360 slim model.
I did purchase quite a few XBLA games on my previous abandoned account that I'll have to buy again if I want to play them again on my new console (I abandoned the email address that I signed up for that account with, and it has since been closed - and I forgot all of the passwords - damn it!). Well, at least I have no real desire to play most of those games again, anyway. There's only a handful of them that I am going to buy a second time.
In fact, I am going to be a lot pickier with my game purchases from now on - that means no more DotW impulse buys.
In any case, I sold off most of my retail games that were not RPGs. I kept a couple of shooters, a couple of platformers, and a few games that had local co-op, and I sold the rest. Now my game collection does not seem as overwhelming as it used to be. I'm happy I did that, actually. RPGs are really the only video games that I have any passion for (especially JRPGs), so I should not be distracting myself with other genres just because everybody else is claiming that a lot of those games are the hottest things on the block.
My wallet will be tight for the next couple of weeks, but at least I'll get a new XBox out of it.