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If you purchase or already own a modern PC for those tasks, you can cheaply upgrade it to be a gaming PC.


Double Fallacy. Yes if you buy a new computer you can "upgrade" it. But many people (incl. me) simply use their old PC for a long time. And upgrading a 4 year old PC is useless. Mine doesn't have PCI Express, old RAM thats's more expensive now than new one and if you want a fast processor you can throw out the complete motherboard and buy a new PC.

So with my existing 4.5 year old PC I had two possibilities:
:
a) buy a PS3 and play from my couch on my 32" LCD I have anyway: 600E
b) buy a new computer that would be more powerful (~800E) incl. a new monitor (~300E) because the old one is sufficient for emails and browsing but too small for a good gaming experience.
(I am not even factoring in my desire for a BluRay drive for my TV or I would have added another 800E but I wouldn't have bought one at that price)

Of course your mileage may vary. In the end it comes down to how you want to play price depends on many different things.