I'll agree that PC gaming is getting more and more tempting now that most PCs can connect to TV and Hifi via HDMI/SPDIF, but there are some things about PC games that make them a little less convenient for the loungeroom.
For starters, many games generally require extensive use of the keyboard, and quite a few prefer to sit down on the lounge with a controller instead.
Also, there's no console exclusives, like Nintendo. I know you mentioned emulation, but number 1, it's highly controversial and number 2, it's emulation, it can never fully be 100%. The reason behind this is a change in programming techniques used in place of physical hardware interrupts. Emulation comes close, but it wont ever be 100%...







