The 8-Bit Revival & 16-Bit War · 1985–1994

SNK Neo Geo

CompanySNK
Lifespan1990–1997 (hardware); games continued through 2004
LibraryAbout 150 cartridge games

Sought After?

Extremely — this was "arcade hardware for the home" and priced like it ($650 at launch, with $200 cartridges). Original hardware and carts are now among the most expensive retro collectibles that exist.

Downsides

Prohibitively expensive for nearly its entire life — a rental program even existed because so few people could afford to own it outright.

Why It Faded

Its price point kept it a luxury/enthusiast niche product for its entire run; it never competed for mainstream market share.

Trivia

Because it used genuine arcade boards, a Neo Geo could run the exact same code as the arcade cabinet version of a game — no downgrades, a rarity for the era.