The heating coil broke and I burned my ironing board cover, which also really needed to be replaced because the foam padding was shifting and worn out. Fortunately, it did not ruin any fabric.
I really loved my ironing board cover. It had stars on it.
I got a new iron and ironing board cover. They match.
Update, April 2014: After leaking copiously the entire 3 years I had it, this iron finally stopped heating. I replaced it with a red Shark. It has not leaked so far!