PC or console gaming?
I love my Xbox 360 and play it almost everyday because my PC can't handle the new games coming out now. I would say PC gaming is better if you can afford the actual PC and then continue to upgrade the video card, ram, etc as new games come out. With the Xbox 360, you buy and it will last years before they make a new console. You definitely get your money's worth out of it.
Although, it all comes down to personal preference really. I like using the keyboard and mouse more to move around/aim for example. When I play on the Xbox 360, it's hard to aim precisely and I knee-jerk too much.
What do you guys like?
I think PC games are the best with graphics and game play but the xbox360 has its own advantages over the PC as it is basically a PC built for gaming.
Definitely Consoles are much better when you are concerned only with gaming. PC's can't come closer to the performance provided by consoles. But then PC's can be used for multiple tasks which consoles can't handle.
I prefer using consoles to play games. I can't really say why, because I DO use Emulators and such on my computer, and I do have a fair share of PC games, but I do own a lot of consoles which I play a lot of.
I guess it all depends on the type of game really.
Consoles offer much better gaming experience compared to PCs. I personally don't have any console but I play xbox at my cousin's house.
I like Playstation alot. I like PC games like Monopoly. I have bad luck with the game, but it is entertaining either way. I also love trivia games like Jeopardy.

I'd say PC. I can download and install tons of games for the PC that are free. Also, I can use my PC for other stuff like listening to music, surfing the internet and getting work done.