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In a vacuum, obviously PCs superior in the ways that games are judged by. Graphics, sound, cinematics, immersion, universe size... Current consoles are closing some of the gap but still aren't really close. It's not really a fair comparison though. A console is a toy before or if it's anything more. A PC is a tool that happens to make an excellent toy when configured properly. They're for different things and different people with different needs, different skill sets and different budgets.