Better relative to the actual hardware specs/price.
I am saying that a $300 with games made specifically for that console can achieve more than $300 of PC hardware.
maybe after 3 years, but by then the $300 PC is muuuuuuuch better than the console.
Think of it this way, the reason games don't look as good at the beginning of a console cycle is pretty simple, at the beginning of a console cycle the console is NO BETTER than the PC counter parts that are sitting in people's offices. The tech is new, the computer parts are new, and the devs have to learn the parts and get to know them, and have to code for them, like they code for PCs, a little less optimized, because they don't know how to anyways.
It takes 2-3 years for them to even FIGURE OUT how to optimize the console, but by that time, the PC market is 2 years ahead.. not to mention the consoles start with behind the times tech to BEGIN WITH!