Sega Genesis was nothing but a cavalcade of hardware upgrades. The Sega CD, the 32X. Still, I loved Warsong and the Shining Force games so I forgive them.
I think PC games have some life left in them (The MMOs were a good example of this). Some games I don't want to play on consoles. FPS games as mentioned earlier stink on consoles, and I prefer the Diablo series on PC (the PSX port was a disaster in comparison)