The one I had before (have now, however you wanna look at it) is.... I dunno. It came with this crappy case along with my crappy PSU. (No name-brand here, but you can't go wrong with 550 watts right?) The thing only lasted a few months. Do they all have short lives like that?
I'm not for sure on the life actually, did you leave it on 24/7? As far as the PSU goes, crappy generic PSU's I don't trust. A PSU can break a system if it is the weakest link, trust me. You get what you pay for, that's just the way it is.
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I picked them up for a measily 20$ on some deal website (i dont remember which one) .
I would recommend the PC Toys brand.