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It definitely was for me during the N64 & PS1 to PS3 & 360. I really would like to get a newer PC to get back into PC gaming, but until I can afford that, I'm having fun with my PS4 & WiiU
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Yes, the price of a great computer is quite expensive, which is unfortunate. I play a few PC games on my laptop (CSGO, L4D2, Fallout: NV, etc.) but it's not all that on a laptop.