PC, there is a larger library to choose from, and you can wait a year or two for the PS4 to drop price and have a few exclusive releases if you really want it. Last generation I owned all consoles, and the HD twins were pretty much obsolete when having a gaming PC around. This generation that will be even more true. Also, I'm pretty sure most people upgrade their PC's every 4 or so years anyway, regardless of whether it's a gaming PC or not, so in 4 years when your PC is outdated (and not so easily upgradeable - outdated architecture, etc) you can buy/build a PC much, much cheaper than the PS4 that will run games much better. With the $$ saved from game purchases, it would be around the same total cost for 5-6 years of gaming, and a superior experience.
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