My 360 burned up

[Unsullied_Spy]

The 360 uses a standard ethernet plug and where I want to move it is within the range limits of Cat5e cable, I just don't want to deal with tripping over the cable or drilling holes in the wall. Is the 360 really that bad wireless? I know wireless doesn't perform nearly as well as wired (which is why I'm OK with keeping it where it is for now) but a few friends of mine are obsessed with Halo and use wireless and they say they don't have a problem with it.