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I would recommend the 64 for a plethora of reasons. First and foremost it is almost indestructible, and that goes for the games as well. When buying used hardware reliability becomes more relevant. Moving parts are a concern with older disc based consoles, and older carts were more prone to being brittle. So the 64 is just the safest bet on the mechanical side of the equation.

Second the console had a library very different from modern libraries, and was fairly varied in respect to the library for the console itself. You are not going to find a lot of modern contemporaries for the likes of Pilotwings, Shadows, BlastCorps, Starfox, Banjo, and so on. Not to mention there are probably a great many games in the second tier that you haven't played with still averaged in the low nineties in reviews.

Third it is going to be a better investment over time, because as I pointed out earlier it will be more reliable, and the very different library will maintain a healthier demand. Along with the fact that it is fairly child proof. So if you find that your nostalgia has totally dried up. You should be able to sell it back into the market, and make back a little of that green.

Fourth you will find more games to choose from, and that is really important. The console did well enough to set millions of games into the market, and their durability means they will have lasted till today. I guarantee that if you go for a genesis your going to find a lot of cracked carts, and if you go for the Saturn or Dreamcast you will find scratched discs.

I have owned a lot of consoles, but the only one I had a legitimate chance of selling that I did not was the 64. For the simple reason that I knew it wasn't going to rot, and the games would still be working decades from now. You know until the internal memory gives out on the carts. If your going to buy something old. Buy something that is going to last.