Got my Xbox 360

[KneeCo]

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does this line of reasoning only apply to gifts? would you keep a $1000 my little pony if you won it?

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Haha, "my little pony", excellent reference, and yea I'd probably give it away to my little cousin or donate it to a kid's toy drive before selling it. Though one wonders why I would enter such a contest in the first place.
And to be clear, the Xbox will not be collecting dust, far from it. I probably wouldn't have bought one (unless they started realeasing the Final Fantasy games exclusively on there), but I'll still get plenty of use out of the thing.