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Where did you hear this? No 360's "melted". They just stopped working.
The power brick didn't melt either. I think people get the Xbox power cord recall mixed in with the 360, because it happened around the 360 launch. One Xbox powercord malfunctioned and caught fire, so Microsoft sent out replacement cables to anyone who purchased their Xbox before a certain date.
Might I also say that I've never had any problems with either my Xbox or my 360. And at least MS is replacing out of warrenty 360's from before a certain date for free.
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