"Core i7 7700 with the GTX 1060" is not decent hardware. You can't compare a 4 core CPU / GTX 1060 to the next gen consoles. The Xbox series X has a GPU with the power as a NVIDIA RTX 2080 Super. The CPU is a Zen 2 (Ryzen 3) 8 core running at 3.8 GHz (SMT off) or 3.6 GHz (SMT enabled).
There will be millions of added console gamers in weeks who each will have more power then some of the best PCs, check this by steam charts. These new consoles are not like the 2013 console releases at all. These are directly mid / high range gaming PCs.
Also remember all next gen consoles will have an NVME SSD. Building a PC with the same level of performance (2020) from nothing would be around $900+ at least. It's odd, but PC will be a bottleneck for sometime.
I hear you on the cheating issue on PC, but with most games having crossplay I just don't care anymore. I only play first person shooters (mostly warzone PC) and cheaters will not ruin that for me. I have a somewhat biased opinion on the subject of consoles as I think there are too many issues with them.
Xbox - They go around stating their so called "Xbox Ambassadors " (Microsoft's free labor program realistically) and acting superior, when in reality it just means their working for free (Microsoft laid off most of Xbox's Lives security team back in 2017-18 and replaced them with these "Xbox Ambassadors").
Playstation has issues with players who get butthurt so they mass report people, so they get them banned for a limited time. Plus they most of them are very brand loyal for some reason.
Console other things - I don't like paying online, Hate open mics.
PC - I hate cheaters, I hate people who become casual because of cheaters, I dislike mostly everything RGB, I hate people on PC who say somehing for the first time in their mic and then quickly leave so you can reply back, I hate cheaters some more...
These consoles are far better then what consoles currently have, I respect that, it will move gaming forward. I even play them from time to time. You should start noticing that games on these consoles are smaller in szie (GB), That's data deduplication at work. Plus with these consoles having that much power just wow. Think about it, just crazy.
If i edit this anymore, it won't be the same post...
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