The cool thing about consoles is not the power. It's the fact that it is a set in stone system that will pe supported and developed for, for a very long time. I mean, look at the longevity of the PS1, the NES, and others.
Those consoles lived far beyond the time the technology was outdated and still they remained popular. This is something I like about consoles, they abide by an admirable development standard found only in the early days of computing.
Back in the 80's a new upgrade in hardware or software would only become required once the full potential of all current products had been exausted. I mean I play games on my dual g4 that wont run on lower end computers and think to myself "If this thing were made properly, it wouldent require this much overhead." and it's true.
Programmers, especially game programmers, are soooooo lazy now adays! They slap shit together, leave it full of bugs, make it slow and unoptomized, then expect you to pick up their slack with your hardware.
This is why a prefer console gaming to PC gaming. Consoles are made to last, and force developers to truely exploit the systems capabilities, and exert a higher level of quality control. Because the console is so unforgiving to mistakes it encurages less mistakes.