Retro gaming is a lot more complicated now than simply picking up a retro console w/ games. So many options, so much to consider, countless pros and cons on both sides. I've been active on both sides of the console vs emulator debate and find that while each have their shortcomings, retro gamers have it better than ever before.
Misc Links:
@Voultar
@Nerrel
@MachoNachoProductions
Outro Song: Frogger (PS1) - Menu
EDIT: I incorrectly labeled the Link's Awakening PC port as a decomp. I presumed it was as seemingly every other retro PC port came from a decompilation project. Link's Awakening on PC was simply a complete fan made recreation without any of the original code used. It's still really cool nonetheless.