I'm in the same boat... my wife would kill me if I said I was going to shell out a few hundre for a game system. Fortunately though my brother is an avid X-Box gamer so when he bought a 360 he donated his old system to me and my brother-in-law is a Playstation fan so when he switched to the smaller PS2 Slim model he donated his old PS2 to me as well. Between them being kind to donate the systems and picking up mostly older titles at much cheaper costs than new titles my gaming expenses are pretty much low.
So, folks.... a copy of Gear of War for the X-Box 360 is still up for grabs!
Consoles are for a specific type of gamer. That's not to say I don't play MotoGP2007 on my pc with a PS2 controller and an adaptor cable though! And when it comes to football games (soccer) I have been known to play them occasionally with selected friends into those types of games with 2x PC controllers on that dual adaptor!
PC's (self built) cost almost 2x as much as an xbox360 before they start to look better graphically, although the games are 60% afterwards.