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MRKs said:
Don't people play games for fun anymore? Since when the resolution and FPS was all that matter?

Ya, that is true. But if consoles start to cost more money over their timespan, and you pay less for AC Unity with better graphics on a PC, why in the world would you buy that game on PS4/XB1? You probably would think twice. You'd start to buy these games strictly on the PC and buying console exclusives on consoles. The main reason this doesn't happen is because some 10-18 year old kid may not have $700-1000 to drop on a new PC but since his parents already have a 50-65" TV, he only needs to spend $400 o a new console. The total cost of ownership over 8 years is never accounted for. This is understandable since it's a lot harder to save up $700-1000 upfront to start gaming for someone 10-18 vs. buying a PC and starting to recoup the costs over time. In Asia, Russia and Brazil, PC gaming is way  more popular than console gaming because hardly anyone spends $40-60 to buy console games there. These gamers are forced to consider the long-term costs of consoles due to lower average wages. In places like US/Canada, it's the opposite. People can easily afford $40-60 games once a month but they don't like the idea of spending $700-1000 upfront to save over the long-term. It's the same way why in most of the world people buy phones without contracts by paying upfront $700-1000 for a new phone and in US/Canada people love paying $0-200 down and then paying $60-70 monthly fees for 2-3 years. 

Here is how things are looking in other parts of the world (Central Asia) where PS4 games are going for  $50-70 while brand new on Steam:

1. Shadow of Mordor - $24.99 USD

2. AC Black Flags = $15.74 USD

3. Alien Isolation = $26.99 USD

4. NBA 2K15 = $29.99 USD

5. AC Unity = $38 USD

6. Far Cry 4 = $38 USD

7. Witcher 3 = $27 USD

8. Watch Dogs = $22

9. Metro 2033 Redux / Metro Last Light Redux = $15 each

10. F1 2014 = $25

The console equivalents are $50-70!