Several sites including Team Xbox and Xbox Scene are reporting stability problems with the new Xbox 360. Namely frequent crashes when playing games on or offline. Let’s just hope this problem is not as wide spread as it appears. My guess is forums are going to be dominated by people who are having problems, while people not having problems are currently playing their Xbox 360.

And so far problems are only being reported in forums and not actual news sources.

In other news research company iSuppli is reporting that Microsoft is losing $126 per Xbox 360. They also claim that the PS3 could cost Sony $600 per unit to produce. Stating the Cell processor will cost 50% more than the Xbox 360 processor.

UPDATE: CNN reports that Microsoft admits isolated problems with the Xbox 360.

O’Donnell urged anyone with Xbox problems to call 1-800-4myXbox or go to www.xbox.com. If the problems can’t be resolved immediately, Microsoft said it will pay to ship the console overnight to a repair center, overnight it back once it’s fixed, or ship a replacement.