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I imagine they fail because there's a lot of wattage going through the device so any tiny imperfections in the engineering will easily cause a failure.
In terms of warranties, we cover the manufacturers warranties with repairs or replacements if you experience any problems.
The iTouch for the Oliso PRO takes a while to get used to, but is cool once you get the hang of it. Also the 30 minute auto-shut-off is really handy!