And now I'm out.
I understand your feeling, but if you look at the facts, Nintendo systems really were the nail in the coffin of the arcade business. They offered better graphics (arguable, but much better than the Atari 2600 in any case) than you could get at arcades back in the day. Parents bought the system, Nintendo (and others) put out quality games, and the foot traffic in arcades faded away.
So consider that. Yes, a close cousin, but also a silent but deadly killer of the arcades we all knew and loved,