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PS Plus price hike: We'll all pay for a subscription-based future | Opinion
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I think this debate can get lost in the numbers when it's more about the user. For some people that upfront cost is going to make sense, for others it won't. The math isn't the hard part. Specifically though, a PC hobby isn't exactly a cheap hobby.
Gaming in general isn't a cheap hobby. You can get a 320$ steam deck, dock it and plug it into an old monitor add a cheap KB and mouse and you are PC gaming. Or you can spend 3,200$ on a top of the line rig. Its whatever you want to make of it. I wouldnt say its more expensive than console gaming, but you can make it one and you will get a better experience for it. Either way personally I would consider PC the best option by a fairly large margin.
Then don't make it a hobby? You can just buy the PC and you don't necessarily have to pour much money into it after.
Just buying a PC is a high price of entry. It doesn't have to be a hobby that you're putting money into frequently.
I don't deny that there is a high upfront cost, but in the long run it is cheaper.