Upgrade PC vs next gen console (PS4, XBONE)

seannymurrs

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Nov 19, 2011
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I've asked this question in the past but still haven't pulled the trigger on anything so wanted to ask one last time in case anything has changed. I'm in a position where I have about $500 to spend on something to feed my gaming needs for the foreseeable future. My choices are to either buy one of the new consoles or to upgrade my old gaming PC that's been sitting in my closet for the past few years. I'd only want to go the PC route if I could end up with performance at or exceeding that of the new consoles. Below are the current specs of my PC.

Motherboard: ASUS Rampage II GENE
CPU: Intel i7-920
Video Card: SAPPHIRE Vapor-X Radeon HD 5770
HDD: Intel X25-V (system drive) OCZ SSD for games (can't remember exact model)
RAM: 6GB DDR3 1600
PSU: OCZ ModXStream Pro 500W

In the past when I've asked I was told that I should upgrade my graphics card since my current mono/cpu wouldn't bottleneck me that much. Is that still the case? I don't mind getting back into PC gaming but would really only want to do so if I could buy something now that would last me about as long as buying one of the new consoles would. I'd hate to spend $500 on stuff now only to have it not be able to play the new games a year or two from now when the PS4 and XBONE are still going strong.

*UPDATE*

I forgot to mention one thing in my original post. My PC will be hooked up to my television so I will be gaming at a 1080p resolution. As a result I'd be interested in whatever graphics card would give me the best performance at that resolution. I assume after a certain point it would be a waste to spend more money on better cards if I won't notice a difference at 1080p.
 

seannymurrs

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Nov 19, 2011
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When you say 3x performance increase do you mean an increase over my current setup or an increase over a ps4 and/or xbox one? If you meant my current setup, how would my new setup with a 770 compare to the new consoles?