Hi Tammy

I have a good 14 years old PentiumII 400 (upgraded from a P100), which is on all the time, because it's my home network Internet server. Never had any problem with it, (I stop it for cleaning once a year, this is the only maintenance I do, along with the mobo battery every 4~5 years) just now, the PSU fan is starting to make some bearing noise.
I let my systems on 24x7, to avoid humidity (which here in Brazil is always around 70~85% in my region) and the cold/heat cycles which may damage components such as capacitors.
The youngest system here are my Athlon 2000+ and the kid's Celeron D, (2 years, 24x7 on and connected), next comes my disabled son's Pentium III 800 (6 years, also almost 24x7 on). We only shut down the laptops because they are always travelling around.
We only shut all things when there is a strong probability of lightnings.
I learned this later in the 80's when the only system at my work (I was IT at this times) which never had problems was the one connected 24x7 to a Telex/Fax system. They sold it after 5 years with no maintenance. Since that, all my computers remained on all the time.
Chris