It changed the point when even a cheap computer could run many many new games.
And yes, LoL had a huge role in that, but also the insane amounts of indie games released on Steam. And Steam in general, because now you don't actually have to go and browse games at a store and you get to keep your gaming collection forever. This fact alone will make 90 % of people who get into PC gaming stick with it and not switch to a console.
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I love this resurgence of indie gaming, Valve is doing such a great job enabling these people to create content.
Great point. Most of my friends have steem also but I haven't gotten into it yet. Yeah, as things stand right now, I probably won't ever buy a console again. Just no reason to when there is so much good content on the pc for cheaper.
it's not even the price issue.
It's the same reason why iOS people don't really switch much to android - you already invested a lot of money into apps (games) on one platform and you switching over the other other one makes 0 sense because you no longer have access to them.