Ok, apologies for the overly hyperbolic title, but there's precedent :)
So for the last two nights, I decided that the best way to play Arkham Origins would be on my couch in front of my TV.
So I set Win7 to autologon and Steam to start in Big Picture mode. After plugging a grand total of 4 cables (power, network, hdmi and xbox controller), I sat down and was soon striking terror in fluid 1080p on a big screen.
Over the last few days it's been revealed that even the so-called "next gen" consoles will be upscaling 720p content for some of their big titles. The consoles aren't even out yet and they're already underpowered.
I get the idea behind a console. Consoles served a dual purpose of simplification (no visible OS, filesystem, drivers, etc) and also they provided economies of scale (the manufacturers had enough buying power to deliver a machine that would probably cost you a lot more to build as a PC).
It seems that neither of these things are true anymore. I've demonstrated that setting up a PC as a living room box is trivially easy (and with the advent of steam machines, it's only going to get easier), and cost wise? Well, rock paper shotgun ran an article that showed how to build a PC that was more powerful than either console for pretty much the same money. And that was nearly 5 months ago now. As time passes, a similar or even better spec'd PC will just get cheaper.
So my question is, why would anyone buy an xbox one / ps4?