It won't die unless consoles somehow become enough like PCs to do all the things PCs can do. Of course, most of that is down to the market, and I can't see any reason the console market would change in such a way. Pretty much the only necessary difference is that consoles aren't an independent platform. If that were to change (uh, somehow) then it would be consoles that were dead. Or at least their business model, which is basically the only thing consoles are (well, there's also prebuilt hardware, but customisation options are just another part of PCs being independent). If consoles were to kill PC gaming, it would be by doing the things PCs do, which would mean they had become prebuilt PCs. PCs are killing console gaming!