I am running a relatively old system so I can't speak from experience, but most benchmarks I see point to the GPU as the limited factor in pc games, not the processor. So even if console processors are better in their specialty, it doesn't matter if the bottleneck is the GPU.
It does from a value proposition. The inferior for the task CPU in a PC will cost you more then the entire console(ignoring the graphics card altogether). Forget that it serves as a games machine and a HTPC, just the processor. When discussing the value end of the spectrum, I think that is certainly relevant.
No, I think what we are talking about is how consoles that have been 4/5 years in production still sell for so high
$200 drop in price in just under 3 years for the PS3, what console ever dropped in price
faster? I may be missing one, but I can't think of any off the top of my head(my memory only reaches back far enough to remember Atari 2600 era).
The other reasons consoles have retained their original MSRP (the Wii for example) is that even after 6 years
The DS successor has been announced(the only active system by Nin that has been out close to 6 years), the Wii isn't at its original MSRP and the Wii launched ~3.5 years ago.
The global economic downturn has caused this console generation to lengthen.
While I agree that will happen, it is not normal to have the successor to a console announced after three years on the market.
This console generation is like what Windows XP was to Microsoft's track record of releasing operating systems. Gamers are used to revamped technologies every half a decade or so, and it's unusual that this one is being stretched out for so long.
N64- 9/96- GameCube 11/01- Wii 11/06
PS1- 9/95- PS2 10/00- PS3- 11/06
Using the shortest timespan between releases a new console would come out December 2011 from Sony or Nintendo if they used the
normal timespan between consoles. I agree with you this generation is going to go on longer then normal, but it doesn't become unusually long until 2012 rolls around, it's Q2 2010. If Sony used the same gap they did between the PS2 and PS3 the PS4 wouldn't hit until 12/12 which means they wouldn't be even a month outside of their 'normal' schedule parameters until 2013.