Is this PSU really that bad?

[boogey]

http://www.tigerdirect.com/applications/SearchTools/item-details.asp?EdpNo=1273350&CatId=1079

Ultra X-Connect 2, 550W.

Unlike some other Ultra's, if you check slizone, its actually sli certified, but under category "Other." Now, every website/forum I go on, everyone says swap it if I could, except maybe 3 people total. And its too late to return it most likely, number of days passed since x-mas. This PSU has three different modes of protection. So, does that mean it only protects itself? Or if it just craps out of the blue, it cuts itself off from the rest of the components to save them? And some "Professional" reviews from about 2 years ago, say its a solid PSU and just a few say its pretty much garbage. Here's some reviews, good and bad. Only read one of them.

http://www.legitreviews.com/article/368/1/
http://www.virtual-hideout.net/reviews/ultra_x2_550w/index.shtml
http://www.viperlair.com/reviews/cases/ultra/psu/x2/
http://techgage.com/article/ultra_products_x2_550w_psu/1
http://reviews.pcapex.com/power_supply/ultra_products_x-connect_2_550w_psu.php?page=1

Would 520W full load, be enough for.

Core 2 Duo E8400
ASUS P5E Mobo
Evga 8800GT (G92)
2, 250GB WD:C HDD's (Going to have them mirror)
2 X 2GB Kingston RAM?
1 CD/DVD Burner SATA Drive
Arctic Cooling Freezer 7 Pro

Even if the stuff is at full load 24/7, how long would an average PSU last? I'm not a overclocker, might do it sometimes for tests and such.

Thanks in advance.

link to ram,

http://www.ec.kingston.com/ecom/configurator_new/partsinfo.asp?root=&LinkBack=&ktcpartno=KVR800D2N5K2/4G&id=1

[AliG]

my recommendation is in general avoid ultra, yes they did release a couple quality products while Johnny worked there, but they ruined what little rep they built up with their latest product

[Oklahoma Wolf]

Pretty much the same thing as the new X2 750W except not overrated to the moon. OEM is Wintech.

[cloned]

yeah the 550w is good for low power machines. i have one and i hate it, i would only ever use it for a family member than wants a cheapo PC. for the reasons that i don't like much of my family, to free up perfectly good space in my computer room. once i get my 750w corsair i may just lite this this thing on fire or something

[Super Nade]

It won't blow up if you plug it in, but other than that it is a rather generic unit.