I'm with stinow on this one,
everytime a new generation of consoles is around the corner, the end of PC gaming is proclaimed. But so far, didn't happen. And it probably wont happen with the next shift as well, as long as microsoft is not killing the PC as we know it with Win8 - Win9.
Let's face it, whole genres of games can't be played on consoles, like 4x or RTS. It's actually quite the contrary, former console only games are very common on PCs nowadays (Fighting/Brawlers or Jump and Run).
As always, the next gen consoles will be more powerfull than a normal gaming PC, but as always, only for a few months. But both of them have a use and both of them will stay and continue to be sold.
Now with handheld consoles vsIphone Ipad - that's a whole different story nowadays
