Intrinsic said: pls, show me a PC that you can walk into a store and buy at $350/$400 with a game and identical components with a PS4/XB1 that can match or outperform teh console. If you can, then what you have just said is true. If you can't then then a PC is only better performing cause well you know, it costs more.
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This is the a true statement.
But price is not a consideration for everyone. And if you are talking about cost then you must also consider cost for software as well.
PC gaming has the benefit of cheaper software (£30 games vs £55 games on consoles) and massive sales on Steam and other platforms.
Also, buying a game on Steam doesnt limit it to that one "generation". The game you purchased on steam 6 years ago will still be playable 6 years from now, barring a few compatibility issues that come with Windows but this has gotten better in recent times.
All in all, i think PC is a far wiser choice in the long term.
I initially sunk £600 in to my PC 6 years ago and since then have only upgraded the RAM, GPU and HDD, which cost me around £350 altogether. I can overclock my CPU to enable me to keep up at a reasonable rate. In total i have spent around £950 on hardware for my PC.
Lets compare this to say Xbox 360 and XboxOne prices in UK - 360 launched at £280 i think, and XboxOne at £430. which comes out at £710 ish.
So although just looking at that it would seem console is the smarter choice financially, with an initial saving of £200-250 you then have to factor in the cost of games.
What im trying to say is that its far more than just a price war for initial hardware. You have to look at the entire ecosystem for each system to fully be able to compare.