Watership down ftw.
You shouldn't need to take any special care of your PS3 in particular, our PS2 is still in working order and we've done nothing to it short of just generally being careful. But I think those newer consoles may be more sensitive, so more attention to heating might be necessary, and making sure it's in a safe, stable position so it's unlikely to be knocked, fall over or anything of the sort.
Our 360 was second hand, and has also been quite fine. The failure rate might not necessarily be a fault of the console, it might be more sensitive (so I'm betting the PS3 is more sturdy), but otherwise possibly not much. I'm willing to bet a high proportion of those failure rates was negligence and as has been said, overheating. I had no idea red rings appeared on it when it got too hot O.o Ours has never done that, despite playing for about maybe 10 hours or something retarded in one go? But yes, perhaps not playing for too long in one period is advisable with the PS3 too if you are safety conscious, though playing it so long something happens is unlikely.
I doubt it's anything you need to worry about.
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