ok, so the 360 doesn't have Halo in 08 (actually it sort of does but anyway), the lineup is still better than the Wii's for 08 and only slightly behind the PS3s.
I fail to see them seriously struggle this year.
The only thing I see as a real killer is the lack of standard HDD. That really WILL catch up with them and bite them in the ass.
I think the RROD thing is overstated. I worked at EB during the PS2 launch and we got a shitload of them back at EB stores around Australia and no one cared, people still bought them.
I know a few mums who have bought their kids 360s for Christmas, and they wouldn't even know of the RROD issues. The article has some points, problem is, those points only apply to people like us, they don't actually apply to the masses he/she is referring to.