So is it possible to build out a game console (Not a fancy commercial console, but one that can run .exe’s and is just a time killer) out of computer parts? It needs to be compatible with the TV with input and plug usage, and if this can’t be done, is it possible to mod something like a Playstation 1 into one’s own modded game console?

Sure it is!! A game console is nothing more than a computer. Take, for example, the Wikipedia article on the Wii (http://en.wikipedia.org/wiki/Wii#Technical_specifications ). You will see all the specs for that console, pretty much the same as the ones you would find when buying your computer.

For the TV output, you would need a video card that supports TV out, but that shouldn’t be too hard to find.

The hardest part of your project will be the software platform. Running .exe files will require that you use Windows as your console operating system (part of what exe’s do is actually done by Windows). Except running Windows on it won’t feel too much like a console now, will it? The solution to that: I can think of many different ways to work around that, but none of them are easy to implement – you might need the help of a friend who happens to be a computer scientist.