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Yes, there are some amazing PC games like Deus Ex and Halflife (among many others) but the problem is that you need the money to keep upgrading the things every few years if you ever want to keep up to date on the games scene.
I never understand how they can sell a product that becomes obsolete the moment you open the box. It's a shame because of the top quality games, but perhaps the X-box will solve that problem (or perhaps I should concentrate more on my consoles and leave the PC for my work!)