All of this is hindsight. Every piece of equipment has "problems". It is just a matter of how many failures happen at once. A bit like airliners.
In terms of the Horizon, the reports I'm hearing basically state that every single major safety device on the well fit this category.
To illustrate this point I recommend watching the documentaries Mayday, Air crash investigation, and Seconds from disaster.
Law of large numbers, sure -- there are bound to be incidents. But in industries like air travel there are checks against machines operating for 11 months in unsafe conditions.