I was 12 years old when the NES first came out. I did have an Atari 2600 before that that I would play once in a while, but my dad picked that up for me when it was dirt cheap after the video game crash. The NES blew me away. Close to arcade graphics at home!!! I loved Super Mario Bros. When I first got Zelda I was amazed. I was still used to Atari 2600 games, and when I beat the first dungeon I thought that was it and the game was over. No way a game could be bigger then that. I was freaking out when I found out there was more and the game was not over
I don't think a kid that plays today's games could have that kind of experience with the first Zelda. However I do think they can enjoy older games, they just won't be blown away by the amazing graphics of the time I'm surprised at how popular the retro gaming has become. I think the Wii Virtual console has helped that happen to a great extent. Lots of parents getting the games they played as kids and sharing them with their kids.