My PC is about 5 years old now. The ONLY money I put into it was over this past summer, I spent about $150 putting in a new video card and power supply as after being about 4 and a half years old the machine was starting to make me have to set my settings to low to play certain games.
PC's no longer need the constant upgrades, if you get a decent gaming rig, it will usually last you 3-5 years before you need to upgrade. And yes, I spent about $600 on the thing in the first place, so about the same cost as a launch PS3.
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