Undoubtedly it had many hits, but a lot of the greats have also since been remastered and can be enjoyed on newer platforms with HD graphics and modernized controls.
There's a certain point where I just stop caring about further improvements honestly. My belly is full and I am satisfied.
I broke mine out a few years ago and the load times are kind of irritating, and repeated unskippable cutscenes in some games cooled my retro enthusiasm.
I keep one set up with a CRT TV just for “We Love Katamari” :)
When you say it’s still going strong, are you referring to homebrew dev or something?
I mean that in between them being solid machines, the amount of content that still gets put out around it, the custom hardware people are designing for it and homebrew software the scene is still very much alive.