Depends how often they are used, typical load on them and quality of components. Whilst those 1200watt ones are silly and overkill certainly invest in a quality one (600-750 watts is more realistic).
I've had several go on me and apart from the cheapo ones that just go "pop" one day while playing, it has usually started for me with the inability to resume from standby (it will run fine, but if you go to into standby and then come out of after an extended period, system just restarts instead).