Rodney, I haven't found a great deal on Renntech with respect to IS failures.
A few examples
http://www.renntech.org/forums/index.php?showtopic=9052&hl=intermediate+shaft
'That is weird, my 2003 996 C-2, built in 2/2003 suffered the same fate at 23,000 miles. No DE or track events, just a semi-daily driver to and from work. The intermediate shaft broke and made the initial grinding noise followed by a metal bolt-noise bouncing around the engine'. (sheared bolt ?)
http://www.renntech.org/forums/index.php?showtopic=5092&hl=intermediate+shaft
'Just got my 03 996 C2 Coupe back from the dealer. I've ended up with a new engine (M96/036 ...) following the collapse of the
intermediate shaft bearing a couple of weekends ago. Car has covered < 12k miles'
http://www.renntech.org/forums/index.php?showtopic=9527&hl=intermediate+shaft
'Porsche Technical Rep called me and said I had an
intermediate shaft bearing failure. He said they had been redesigned, and it was a good design, but that they gone back to the old design.' ('03 Boxster)
There are a few other threads where the drive shaft bolts have sheared off too.
'The threaded end of the shaft sheared off with the nut still attached. I was told this happens because Porsche switched from a double roller bearing to a single at the end of the
shaft.' (Tool Pants' explanation)
Go to Renntech and see how many facelift 996s have had intermediate shaft bearings go
I made it seem like they happen all day[:-]...of course they don't, and getting a warranty is going to be, on average, to Porsche's benefit, not yours......I guess it's all about your attitude to risk. I ran a Boxster for 2.5 years and did well not to get a warranty....I have run my car for 10 months and have done very well out of getting the warranty.
But the difference for me was when taking out the Boxster I was always listening/stressing out for things that might be wrong, which led to me driving it less....I don't worry anymore and enjoy stress free driving...for me, that's worth the money.