I have recently just signed up to Steam... loads of games... can only play half of them as I have a 7.2 iMac But my PS3 is now 7 years old (not including the fact I had to replace it once ) and there isn't any plans to replace it for another 3 years

But then again rumours still persist that the PS4 may be announced this summer.

But I digress.

There have been dozens of threads on this site about consoles vs PC's and all that and the PC crew all saying you could build a top spec PC for the same or less than a console.

My challenge to you all is, prove it, make it cheaper than a console.

Now assuming that the PS4 is launched this year and it sells for £500, that is your target. To make a top spec Games PC on that budget.

You have to assume that

i) Nothing but precision screwdrivers are available for this PC build. If you have to get anything else it MUST come out of the £500 budget.

ii) Any part you source for this project must be evidenced by link to the appropriate online store selling that piece of hardware and all prices MUST include postage.

iii) You cannot exceed the £500 limit.

Go!