For me, the N64 is one of the most underrated consoles. Everyone hated it because it used cartridges and there weren't many games for it - and yes, some of them were really crap (Superman, anyone?). I remember when I bought mine in 98, I was in a shop and the guy working there was trying to convince me to buy the Playstation because it had more games. I looked over and just saw a crapload of Final Fantasy and Fighter-type games, looked back and said, "But they're all shit."
Anyway, the graphics were better than Playstation IMO, and the games were better too.