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The PC will probably never die as a videogame platform. The day the PS360 actually have a solution for MMOs and RTSs to perform better than on the PC, then I might think so. And most Indie Studios start on the PC... I'll consider an exception Hello Games (developers of Joe Danger)
What the PC might get is less support from developers due to piracy, at least until they find a good way to don't get hacked.

In my personal point of view, consoles are and always will be more fun than PCs because I give alot of value to the offline multyplayer. Consoles have more exclusives due to the existance of First Party studios, they're more fun (at least for me)... plus I'm a poor n00b when it comes to upgrade my PC lol