Well, might as well jump in even though all applicable opinions have already been expressed.
PC gaming is not dying. PC gaming represents the ultimate in backwards compatibility. Recently I had the itch to play GTA III, so I did. 360 and PS3 are still working on that kind of thing. Me, I just found my discs, installed it, cranked all the settings (2048x1536, 16x AA, 16x AF, full draw distance, frame limiter off. 1080 what? 1536 bitches!) and off I went.
Console gaming is not dying. Consoles, unlike computers, are built to exacting specs. If you pick up a game for a console you own, it will work, unless the console itself is non-functional. My friend's PS2 had problems with the DVD drive (as did apparently a large number of them), so out came the Sony drive and in went a Pioneer. Functionality restored in little time flat. Remember: all DVD drives, whether they be computer, console, or plain old DVD player, are essentially the same.
Controls: I like being able to set my own controls. When something is intuitive to my own odd sense what "intuitive" is, all goes well. From what I remember of consoles (it's been a while since I've played anything resembling a "new" console) those controls are relatively intuitive. B runs, and A jumps. It's brilliant. Okay, that's reaching back a ways, but anyone who has played a game where A runs and B jumps knows what I'm talking about.
The PC excels in some areas, consoles excel in others. Neither is dying, and apparently neither is this topic. Oh, and EvilEngine, still running a 939? Damn straight. I also run a 939 with an 8800, and heavily modified Oblivion runs like a gazelle. Okay, the last mod made it more of a gazelle with a limp that flares up every now and then (I like typing gazelle, alright?), but it's so damn gorgeous now I really don't care.