Never had any problems myself (got a couple here from 2007/2008) but I've always mounted them vertically with the provided stand.
Mine are also mounted vertically but admittedly they are
(a) mounted on a high shelf, with only about 3 inches clearance from ceiling.
and
(b) side by side (router and switch), at the end of the shelf against a wall.
Both these factors will combine, I'm sure, to increase temperature.
The switch failure was the most annoying because it wasn't absolute, the ethernet error rates simple became phenomenally high so that low traffic activities (such as web browsing) were still OK, just needed a lot of retransmissions, whereas high traffic activities just saturated the LAN with duff packets without actually getting any significant throughput. I should have twigged quicker, but it took me an embarrassingly long time (several days
) to figure out why my attempts to play DVDs over the network kept stalling. That one I actually repaired with new caps though, and I still feel smug about it.