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The hardware for a computer significantly more powerful than current gen consoles can be bought for a mere $300. Since i'm sure Manufacturers get bulk discounts, it would be even cheaper.

The PS3 is pretty weak, so is the xbox, they are really showing their age now. I really hope the next system isn't that weak, 1080P should be a given, the hardware has reached a point wheere 1920x1080 should be easy to achieve in any game.