Yes. This just happened to me THIS MORNING for the first time. (Which is why I’m searching around the forums). I was primarily shooting video (which is mostly what I use the camera for, though I use stills to set up the shot in manual mode.) My camera locked up while recording–the image froze on the LCD, and no button I pressed made a difference. I finally ended up pulling out the battery and that seemed to reset it, but I lost a good chunk of footage and this is going to make my client very unhappy. So there you have it. I think whether you buy it depends on how much you have to rely on it.
I was using at 32GB SanDisk CF card (90 MB/s) which has worked great for me until today. And I didn’t see any overheating signals. ( I turn the stabilizer off because it’s one of the thing that can cause overheating and that made a difference when I was having overheating issues and the camera would randomly shut down.)