Damn right. My PSP is sitting around doing nothing after God of War and Crisis Core.

Patapon is still fun though. :(

I disagree - the PC is a perfectly viable gaming platform.
Well, the drivers and performance part are partially right, especially if we're dealing with your standard non-gamer fare. But if you know anything about gaming on the PC, that becomes a non-issue.

A PC for under $1000 will last a good while. Check the specs.

Core 2 Duo 2.53GHz $120
Geforce 9800 GTX $160
Intel G31 Mobo $55
4GB RAM $65
Generic Case + 500W Power Supply $100
500GB HDD $70
DVD Drive $30
Mouse and Keyboard $32
22" Monitor $250 (1680 x 1050 resolution)
Speakers $10
Total = $892 + Shipping
Rough prices, all from Newegg.

A 9800GTX is a screamer at 720p and makes the PS3's and 360's graphical powers look like the "child's plaything" that everyone relegates the Wii to (seriously dudes, the Wii isn't that bad in the graphics department). That's even considering that it was a last generation graphics card. And the price isn't that far from a console's total cost of operation, especially when you factor in the HDTV, the peripherals, online, etc. If the current consoles are going to last another several years, the PC I just put together will undoubtedly outlast them. Unless, of course, you're the type of person that loves to chase waterfalls in terms of PC hardware.

PC hardware of 2 generations ago (around the GeForce 8 era) is STILL better than the current consoles - and even then, they're still kicking in terms of being able to play the most current games.