Personally, it's been my experience that the vertical 360 causes many more problems then it's worth. I've seen disk get ruined this way more often and general failures seem to show up more as well.
I own a nyko intercooler and I have never had a problem with it. I've had it on my 360 for around 8 months now. It does get a little noisy at times; that would be my only complaint.
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