[thaumasiotes]

Putting out a $1,000 console every year would be self-defeating in another way - a console has two value propositions:

1. Platform exclusives.

2. It's cheaper than a computer.

Otherwise, it's a gimped computer that won't run most of the stuff you want and is difficult to use.

Putting out a new model every year will make your console significantly more expensive than getting a computer. If you raise the price to $1,000, it will make your console insanely more expensive than getting a computer.

[badpun]

Also, no fooling around with graphics drivers, wondering if your rig's specs are good enough etc. On the other hand, gaming PC have mouse+keyboard input.