The reliability of the engine itself is way misunderstood. They aren't more or less reliable than any other engine (okay, they're way more reliable than Subaru engines...).
The problems are with heat and lubrication. The early RX8s had a flawed design. 2nd and 3rd Gen RX7s had problems with their OMPs and terrible electrical problems. 2nd gens have really weak alternators stock. Turbos usually fail before engines do.
Honestly the engine itself is awesome. Yes, if you lose a seal it will screw your engine (but usually the housings & rotors are salvageable). Piston engines throw rods and screw your whole car. If you bypass the OMP and run premix and actually do proper maintenance on your car, they will last. My 10AE has over 110k miles on it and has not blown up yet -- probably has another another 40k on it before it'll be ready for a rebuild. I still am on the stock OMP (it's an S4).