Any $400 pc can already run every third party game that releases on consoles and probably better too. But PC's will never be as easy accessible as a home console. It shows in this gen that Playstation and even Xbox are still very much desired products on the market. There are quite a few gens ahead of us before the name Playstation doesn't exist anymore in gaming. Handheld games are another story since mobile and tablet gaming is much more accessible for the average citizen.
Pros consoles have over PC's are accessibility, media player that you can easily hook up to your tv. Couch co-op without any hassle just plug and play. And by far the most important exclusive games and content.
Please excuse my (probally) poor grammar







