If you call something a duck and then put handcuffs on it, I'm still going to call it a duck even if you claim it isn't a duck anymore.

Consoles are really really just general purpose computers. The company might put handcuffs on the computer.. put some (somewhat superficial) barriers to disallow it to be used as a general purpose computer, but they can't fundamentally hide the fact that it is a general purpose computer and with enough tenacity a clever individual can break whatever digital locks they put it on it.