Obviously, we know that SSDs still fail, though. All it takes is 10 minutes of flipping through customer reviews on Newegg's listings. But write-cycle exhaustion isn't the problem. Sometimes firmware is to blame. We know this because of the firmware updates vendors issue specifically targeting a documented problem. Other failures are electronic in nature. A capacitor or memory IC might go out, taking the SSD with it.
My Agility 3 240 GB is apparently dying. SMART shows 4% life left. But it also shows less than 8 TB host writes. So why is this drive failing? Are there other factors besides write cycles that affect SSD life?