Is it still true that a PC can outperform a console at a similar price point?

This is known as the Next Gen crusher in this subs wiki. It is a little pricier and you will need an OS but they run legally around here for $25. However it will knock consoles settings out of the water and you still have control over all of the settings.

PCPartPicker part list / Price breakdown by merchant

Type Item Price
CPU Intel Core i3-4170 3.7GHz Dual-Core Processor $116.89 @ OutletPC
Motherboard ASRock H81M-DGS R2.0 Micro ATX LGA1150 Motherboard $47.98 @ Newegg
Memory *Crucial 8GB (1 x 8GB) DDR3-1600 Memory $30.99 @ Amazon
Storage Seagate Barracuda 1TB 3.5" 7200RPM Internal Hard Drive $45.88 @ OutletPC
Video Card MSI GeForce GTX 950 2GB Video Card $154.99 @ SuperBiiz
Case Rosewill REDBONE ATX Mid Tower Case $44.99 @ Amazon
Power Supply EVGA 430W 80+ Certified ATX Power Supply $28.98 @ Newegg
Prices include shipping, taxes, rebates, and discounts
Total (before mail-in rebates) $495.70
Mail-in rebates -$25.00
Total $470.70
*Lowest price parts chosen from parametric criteria
Generated by PCPartPicker 2016-01-12 17:58 EST-0500
/r/pcmasterrace Thread