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toss out all that crap in the op as the only part that really is different is the GPU.

Game dev is now directly related to what the GPU can do. This is why the CPUs in all three next-gen consoles are relatively crap as compared to the power ration in previous gens.

In the case of the most powerful GPU in next-gen consoles, the PS4s is still a gen behind current PC and so on.

So sure... on average PS4 is just fine, especially when you consider they get more power of PS4 due to it being a dedicated console vs general PC.

But, you can't say they it is equal to PC. med/high-end PC will always be capable of more so long as devs use it.