The choice is obvious! N64 had 3 of the greatest games of all times (Ocarina of Time, Mario 64, GoldenEye) .IMO this generation has fun games , but not that deep.

N64, Had better Really Really Awesome games imo. Mario 64, Majora's Mask, and Ocarina of Time are better than anything on PS3 imo...

But, Imo, ps3 has more quality games, just not as many effing Really amazing games.
But I remember the Really amazing games more so I vote for N64.

That's a tough one because while the N64 has some of the best games of all time, Ocarina of Time, Mario 64, Smash Bros, Mario Kart 64 and many more, I'm sure in 15 years people will be saying the same thing about the PS3 and its greatest  games.

So I guess my answer is neither, they're both great and will always have a group that fondly remembers them.

You're also naming games that aren't very good or are good but don't really deserve to be remembered...

I love my PS3, but nothing on the system can compare to Mario 64, the 2 Zelda's, Ogre Battle 64, Sin and Punishment and Paper Mario

Well, that is true for both sides. I'm sure I've forgotten a lot of games too. 

The N64 had:

Banjo Kazooie
Banjo Tooie
Diddy Kong Racing
Zelda - OoT
Zelda - MM
Super Mario 64.
and Super Smash Bros.

Those games alone make it superior to the PS3 when it comes to games.

N64 had very few games that I would want to play and PS3 has a lot of them.

anything vs. N64 is an auto loss... me and my roomates have 3 360s 2 ps3s a wii and an N64 between the 4 of us... which is connected to the big screen you ask?  the N64 ofcourse because all else fails in comparison

Hmm, it really depends. If we're comparing top 10 or top 20, I don't think many would argue that the PS3 can compete. If we're comparing full game library then it would have to go to the PS3