Well, the main reason that games are migrating to consoles is that the general public is more likely to buy a $600.00 console in order to play today's hottest games, instead of having to buy a $1,500 computer.
Having said that, piracy does hurt developers.
I personally prefer computer games, mainly because:
a) the mouse and/or a touchscreen are unbeatable as input devices
b) computers screens have higher resolutions (TV's are just awfull at this)
c) Easily moddable games
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