the problem is, an off the shelf pc could crap better then the n64, and that was an off the shelf pc back then, in 1996 ( im old ).
but then they updated the hardware, and from the gc/ps2 era - now, the graphics have matched/totalyomgwtf out done alot of pc graphics. putting people like me in a position where i say,
"do i go out and buy a whole new desktop ( i have a laptop thats been fine for civ 4, and sims2), or do i buy a console, witch would be easer, and then be set for now.
now, i will never buy a rts, or a turn-based game on a console, but i have no objection to playing smax, or civ4 ( although smax dosent work on my computers anymore and suport droped faster then britney spears baby after release),
its not that the industry as a whole is dieing, but parts of it are. because people now have consoles that are pcs, what pcs need to do is find there nitch, they need to become, said 'pop-cap games' not these power games where only power gamers will/can play. they need to create games that off the shelff pcs can play.