I like PC due to the better graphics, ease of recording gameplay without the need for a pricy capture card.. I don't fully agree on all your pros and cons as well
Computer Cons:
More Expensive
Takes A Few Minutes To Install A Game
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Game Console Pros:
No Installing
Cheaper
While I agree on most of these, consoles aren't always cheaper the way I see it: Even if you can get a great gaming PC for only $500-600 you are able to get consoles real cheap yeah.. however you can get great computer monitors for quite low prices while a good big-screen TV is usually quite more pricy when it doesn't offer much more than a bigger screen at similar picture quality.
As well from my experience, PC games, especially newer ones, are quite very often $10-20 cheaper than their console counterpart, which, quite quickly can add up and weigh out the fact that the actual console might be cheaper, because as explained, the console might be cheaper, but the games are quite often more expensive in my experience.
I know when MW3 launched, at the local game store, the versions for PS3 and Xbox 360 was £20 more than the PC version, I remember this also applying for Black Ops when it first launched. Then after doing some research, I've found that this applies to quite many somewhat recently released game titles... and then just 10 games could build up to a hefty $200 difference in price between PC and console versions!
Another thing is the "No installations" while this remains true with consoles that you can usually just put the disc in and play whilst PC you need to take a few minutes to install.
This imo has both ups and downs on both sides, one quite big plus for the PC is that once it's installed you don't need to hassle with any discs again because it's installed on your hard drive, ready to run at any time while consoles need to switch the discs for each game.
Something else that I believe PC does better is applying updates and such: Whilst at least Xbox 360 usually can take a few minutes before letting you play to apply both bigger firmware updates or smaller game updates, at least Steam on PC on the other paw does this quite quick and in the background. Only time it actually seems to take some time is when applying an update to itself which requires you to restart the client.