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There are people for who the nostalgia factor is huge. Or will have a great time introducing those games to a spouse or playing with their children for many hours. And these things are certainly way cheaper than a “real” console.

Me? I would do exactly what the GP said. But that why I won’t buy it, because I know I don’t care enough. Even for something I have much more nostalgia for (PS 1) it would have been more a art nick-knack for me if I bought it.

I feel just the opposite. It seems like the only innovation coming out of modern games has to do with graphics.

Even if this was true, you don't have to play the vast majority. Your goal is, and always has been, to play the best.