The price factor has always struck me as a case of not having enough information on PC hardware and game requirements (which is understandable if you only know

The price factor has always struck me as a case of not having enough information on PC hardware and game requirements (which is understandable if you only know console gaming). You don't need to go all-out on top-end graphics cards, processors, cases and watercooling to play PC games at a similar or higher standard (in terms of graphical quality and framerate) to consoles. A mid-range PC may or may cost a little more than a console but the fantastic savings that come from things like Steam sales mean you can for example, pick up 5-10 games over Christmas for a fraction of the price of doing the same with the XBox/Playstation versions of those games can mean it ends up being a lot cheaper in the long run. Of course, knowing about the prices of PC hardware and how to put together the best bang-for buck system is something you would have to consider. That knowledge is unnecessary with consoles.