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Just like you don't buy a PC only to game, you don't buy a TV only to game. Both are items you use otherwise. As monitor sizes move into TV-sized territory, it'll be entirely moot anyway - one stop display shopping.
In other news, I should probably hook up the XBox 360 thats been sitting in its box for 5 months in my room, eh?
An average sized 1080P capable HDTV is much more expensive than the 24" 1080P monitor I sit in front of. I think either way, the HD set is going to be desirable in most homes, gaming on it or not, and some kind of computer monitor, weather its attached to a laptop, or desktop PC is also going to be desirable. My point being, is having one, does not preclude most people from "needing" the other.
I still stand by the need for a PC as a valid argument. You can debate my $400 stat to a small extent, but the point is that the console does not replace a persons requirement for a home computer. If you already have it, fine, upgrade it for less than a new console and the same argument still holds water.
People have different kinds of (and some people even have no) computers, Cliff. This is what's getting you in trouble with your analysis.
WHAT NOW.
It's entirely possible consoles may be better value. I really think it depends how well you plan your PC upgrades.
I'm an enthusiast, and my dollars are not always perfectly logically spent. However, I enjoy doing it. It's my way of life. If we define "value" as "enjoyment gained per dollar spent", I am quite certain my PC-spent dollars have more value for me than any dollars I could spend on a console.
People have been declaring the death of PC gaming ever since the Dreamcast got online. PC is the worlds most accepted and widely available format for gaming. Games for windows are not going anywhere soon.
I'm telling you guys 5-10 years from now we will no longer see exclusive titles. And it will come down to preference only. Controller vs. Keyboard/Mouse.
But I will say this. As a guy who has no money to buy a gaming PC or a console...
SCREW YOU ALL.
(Alternatively, shouldn't I be writing a "Portable gaming is teh winz" now? GAMEBOY FOREVAR)
Runs Crysis fluently on highest settings in turbo mode.
Does well with multi-threaded apps too.
Not to mention I use it for video calls, faxing, online banking & accounting.
I bought it for business, but also chose the specifics for gaming, watching DVD's, streaming movies over the net, etc.
We have not had a console since our Atari with 100+ games we got at a yard sale for $40 many moons ago.
So I can't join you on which is better.
Just that we prefer PC's for the multiple uses that we get out of them.
MSI GT725
Intel Core 2 Duo P8600 2.4G
17" WSXGA+ screen
4GB DDR2
320GB Sata HD
DVD Super Multi
ATI Mobility Radeon HD 4850 / 512MB DDR3 VRAM
Modem, Gigabit LAN and WLAN
I may be the riffraff responsible. I will say, I don't want to dissuade anyone from gaming no multiple platforms if they are fortunate enough to have the means. For some of us, we have to make some tough decisions based on the budget, and the fear of not being able to feed our kid next week. Trust me, I walk by PS3's all the time thinking "that would be so livin the icrontic life sitting next to my HDTV". Unfortunately I am left making some hard decisions and for me, PC offers a great value in comparison to a console.