Any material can fail, I have seen some aluminum mountain bikes just crack through various places. BMC had a terrible problem with this to the point that my LBS stopped selling them, I am sure there was more to it than just the frames breaking but that was what the head of rentals told me.
The scary thought of having a faulty road bike fork is I often bomb down hills where I get going 40+ mph. I always inspect everything before doing a ride where I know this is a possibility but how many don't?
Amanda
2011 Specialized Epic Comp 29er | Specialized Phenom | "Marie Laveau"
2007 Cannondale Synapse Carbon Road | Selle Italia Lady Gel Flow | "Miranda"
You don't have to be great to get started, but you do have to get started to be great. -Lee J. Colan