Sorry to hear that. However, the solution is simply to use your computer for gaming. 
I love my PC games, the problem is the upgrading. If I buy a console specific game, I know that it will work straight out of the box; If I buy a PC game, I'm always slightly nervous as to whether my PC is beefy enough or whether it's running the right version of windows or has the right hardware for the job.
If I had a choice, I would use my PC for games every time. But I'm lazy and I don't want to spend money upgrading my PC or fiddling so my new games will work, so 95% of the time I use my consoles instead.
I guess you could say that, but then a good computer can last as long as a console anyway and you have the option of actually upgrading only specific components rather than buying a new console when the next generation is released. I really dislike console gaming these days, because I find that most of the games with the best storylines are either the really old Playstation games which I play in ePSXe, older computer games or else things from even further back than that on the NES/SNES/N64/Master System/Mega Drive etc.
To each their own, I guess

Oh, and the Red Ring of Death is an easy fix
