What gets me about this is that we seem to be OK with that. I am going to use "The Last of Us" for the PS3 as an example. The game truly does look fun, and pretty darn good graphically. Then I read reviews that talk about how amazing it looks. I think to myself, amazing for a PS3 sure, but that game could have been made for PC years ago.
This is what drives the core of my hatred for what consoles have done to the gaming industry. What keeps me a PC gamer and really grasping at those few games that come out that actually take advantage of my PC's raw power. Avoiding many of the direct poorly optimized console ports that seem to flood the market.
None of this means I think all games have to be technologically advanced, graphically eye popping, or otherwise marvels of modern design. In fact, there are a host of games that I play, and love, that are just the opposite. I just wish the games that are trying to be "modern", actually were.
So I guess that sums it up for me, why I think consoles have been a hindrance to the advancement of the gaming industry, while on the flip side of the same coin, being it's bread and butter. As time goes on, I think the line between PC and console's will begin to blur. With the advancement of APU technology (Accelerated Processing Units - CPU and GPU on a single die.), and even further down the line with different forms of computing just over the hill. For today however, and the foreseeable future, I think that consoles are going to continue to hold back the gaming industry. At least until the day comes when you can upgrade your console the same way you can your PC.