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Upgrade Problems from V6 to 360??

On our wavelength

Is there a problem with the software upgrade from V6 to 360 as i have seen a lot of posts saying people are having issues and there box is dead. Mine too went down yesterday ...same MO as most other people the box become very noisy with a loud fan sound then went to watch TV last night and it just sits there with a weird red/white colour light on and this morning just stays at the welcome notice. It seems to me the software upgrade hasn't worked out to well for the ol V6 boxes (maybe even the Tivo) Is this what's happening?