In what cases does Apple usually choose to just replace an iPhone instead of repairing it?

From your guys' experiences, what qualifies for a free iPhone replacement by Apple?
I'm taking my iPhone 4 in tomorrow for a stuck sleep/wake button. I've tried blowing any debris out of the button's surrounding area and even shook the phone upside down in an attempt to possibly have it working and 'clicking' again as normal. None of that worked. Now I'm taking it to the Genius helpers, and I just wanted to know if there's a chance they'll actually replace the entire phone.
Any of you guys just had your iPhone replaced altogether instead of a repair?

Check this, copied from Service Answer Center - iPhone
Out-of-warranty repair service
If your repair isn’t covered by Apple’s One Year Limited Warranty, AppleCare+, or AppleCare Protection Plan, your iPhone might be eligible for out-of-warranty service. For example, liquid damage isn’t covered by warranty but might be eligible for out-of-warranty service. Some damage isn’t eligible at all, for example if your device has been broken into multiple pieces. See Apple’s Repair Terms and Conditions for complete details.
Read Apple’s Repair Terms and Conditions
Model
Out-of-warranty service fee
Battery service*
iPhone 6 Plus
$329
$79
*available only if battery
fails Apple’s diagnostic test
iPhone 6
$299
iPhone 5s, iPhone 5c, iPhone 5
$269
iPhone 4s
$199
iPhone 4, iPhone 3GS, iPhone 3G,
Original iPhone
$149
Plus a $6.95 shipping fee, if required. Fees are in USD and exclude local tax. Pricing is for service through Apple. The final service fee we charge will be determined during testing and may be less than the service fee listed above. Pricing and terms vary for service through an Apple Authorized Service Provider.

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