Let me go on. There's also the issue of utility. I can do a LOT more with my PC than you can do with your XBox 360. Ridiculously more. There's software to do damn near anything I want to do out there. And if I can't find what I want, I can make it myself. For me, that more than justifies the price difference.
That's the winner for me. I do consider consoles but always end up just upgrading my PC. I have a modest X800XL to play the latest games but not break the bank. I then, as a musician, have a high fidelity 18 input, 20 output soundcard for recording. I also have a large SATAII hard-drive for recording, streaming of samples, as well as better gaming. I have a nice 19" monitor that allows me to browse websites (better than any HDTV can), allows me to play games at higher resolution than any HD console can and allows me a lot of space when I load up a sequencer for my music and have studio quality headphones for mixing and for a great gaming experience.
If my computer was just for gaming I could not justify all that equipment but by combining my passion for gaming, interest in browsing the web and love for music I have a system that does both well, rather than going for a lesser PC and a console. I also dabble in webdesign, which made a bit of money, and play about with graphic design, plus video editing from a mini-DV camera.
People seem to think of a computer as being expensive. Well, obviously it is if you only use it for one thing, like gaming - however, use it for many things and it becomes an indispensable tool and offers unbeatable value for money. Also, with PC gaming you don't have to chuck out your old games every 3yrs... if you want to keep them as a console owner you have to either keep the entire console and the games (that becomes a pain when you want to switch between games on different consoles) or tie yourself into a brand of console with backward compability (limiting your freedom as a consumer, allowing prices to creeping ever upwards, ala Sony).
NEway, sorry for going on a bit. Consoles are great at what they do... most people already have a TV (not necessarily HD, obviously) and so if you just want to do a bit of gaming, and not worry about hundred dollar upgrades or compability with PCs, they are good value. If you only buy slightly older games, a year or so old, then that's even better. The only cost, with both PCs and consoles, is keeping up with the cutting edge (upgrading to HDTV, spending $60 on the latest game, adding surround sound, etc).
- - - - - - - - - - - - - - -Emotinomicon: Emoticons of the Dead
"The price of freedom is eternal vigilance."