5th gen: N64
6th gen: Gamecube
7th gen: Started with Wii but sold that one and got a ps3. Motion controls isn't for me... (for most games anyway)
8th gen: most likely going to be a ps4

Handhelds:
Gameboy
Gameboy Colour
Gameboy Adanced (well the add on for the GC not the gameboy itself)
PS Vita

And of course there was always PC

Atari 2600 -> NES -> Genesis -> PS1 -> N64 -> PS1 -> N64 -> GC -> Wii -> Wii U

Game Boy -> Game Gear -> Game Boy Color -> Game Boy Advance -> DS -> 3DS

You skipped the 286?  386 was pretty good but not as good as the 486 though!

I believe my parents 286 and 386 were just DOS.  I don't think we got Windows till past 486 days.

Growing up:

Nintendo game & watch
Home build pre pc running some form of basic (my dad build it)
MSX
8086 (0.8 mhz with 2 10mb hdds)
C64 at friends house
286 8 mhz
Amiga 500 at friends house
386 16 mhz
486 dx 33 mhz
486 dx2 66 mhz

On my own:

Pentium 90 mhz (8mb ram was freaking expensive)
PS1
N64
Pentium 2 266 mhz
Dreamcast
Pentium 3 900 mhz
Gameboy color
PS2
Pentium 4 2.25 ghz
Gamecube
Xbox
Pentium dual core 2.4 ghz
Xbox 360
PS3
Wii
Psp
Intel i7 2.8 ghz
Wii-U

No wonder I didn't buy a car until I was 31

Edit: forgot Gamecube and Xbox, so much time wasted :)

My first ever game was Frogger. My first console was the Sega Megadrive.

Atari 2600: To this day, I'm still surprised that my father brought this home out of nowhere. It wasn't like him at all. My mom bought all gifts. Regardless, he did, and I had a blast with Defender, SeaQuest, and Pitfall, among others. My very favorites were Super Breakout and Yar's Revenge. Had a ton of bargain basement crap-ware, as well, some of which I never even figured out how to play.

NES: Bought this one myself with money saved up from Christmas and Birthdays. So much fun. Mike Tyson's Punch-Out, Double Dragon, Contra, Shadow of the Ninja, Final Fantasy, Nobunga's Ambition--just so many entertaining games.

SNES: Had a lot less fun with this one, to be honest. It really was just more of the same from the NES. Zelda was far and away the highlight until I chanced upon Final Fantasy VI in a used game store. Didn't even know it existed. That changed everything. Unfortunately, I couldn't find any more RPGs like it, so I gradually drifted away from console gaming. By this point, I was tired of the never-ending cycle of plat-formers, beat'em ups, and side-scrollers.

PS1: This is the big one for, the one that brought me back and made me a gamer. Final Fantasy VII grabbed me and the PS1 never let go. Suikoden, Final Fantasy, Final Fantasy Tactics, Gran Turismo, Breath of Fire, and countless others made me very happy.

PS2: So many games. The PS2 kept me pleased for a long time. ICO, Suikoden, Gran Turismo, Way of the Samurai, and Soul Calibur were just a few of the many highlights.

DreamCast:  I had a good amount of fun with this console, even if I didn't have many games.

PS3: At the start of this generation, I was a PC gamer. I played Ragnarok, WoW, and other non-MMOs on the PC and didn't even think about console gaming that much. After my best friend died, who was the person who would drag me from one MMO to the next, WoW lost all appeal. Around that time, I starting paying attention to console news, which was when people were going crazy for Uncharted and The Last Guardian. I got a PS3 and I've been very pleased so far. I'm still about 50% PC gamer, which will probably never change, but I like console games a lot, as well, and I've very much come to appreciate Sony's Worldwide Studios.

I wasn't old enough to have a console from gens 1-3, but here's my journey so far:

4th gen: SNES. Still one of my favorite consoles of all time, thanks to Super Mario World & A Link to the Past. Had the Game Boy as well. Pokemon Red/Yellow FTW!

5th gen: N64 & PSX. The N64 slightly edges out the PSX as my favorite console of gen 5. I sunk a ton of hours into Final Fantasy 7-9 & Tactics as well as Metal Gear Solid though.

6th gen: My most diverse gen. I owned the GCN, Xbox, & PS2. I'd say PS2 and GCN were tied for my favorite of this era. Also had a Game Boy Advance/SP. I did eventually get a Dreamcast but that was last year.

7th gen: Started off with the Xbox 360 in 2005, and stopped playing it ~2009. Got my Wii at launch and played it fairly consistently throughout. PS3 I bought in 2010, and later sold it off to allocate some money for my Wii U preorder. I'd say Wii won as my favorite console because by 2011 or so I had pretty much transitioned most of my games to my PC. Also had the DS which is up there with the SNES as my favorite console overall.

8th gen: Started off with the 3DS at launch. Now I have my Wii U. Looking forward to any new stuff from Sony and Microsoft's next consoles.

Let me guess...  It looked like this.

Nope. This.... or really similar.

Ah I edited my post to put a more older looking electronic football game pic up...  Anyways, cool looking game.  I had this when I was young and it is a shame I don't have it anymore...

I actually wish I got into Game & Watch more back in the day so I would have a decent collection now (if I was able to hold on to them for so long).  I had a few Tiger machines back in the day.