They are a personal device like a gameboy.
There is a TV version for party games.
The games may or may not be shareable, even with the physical games.
Assume the ideal usage is during screen time on a weekend.

I have been avoiding buying one as I don't understand them. Thinking of getting them soon.

I assume one OLED for the family and then a portable per person, then one copy of each game per device.

How is this affordable?

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[–] chronicledmonocle 1 points 3 weeks ago

OP doesn't say how old their kids are. Could be teens with plenty of aptitude, but if they're younger....the switch may be the better option.

As for emulation, I was more just was saying it's possible. For single player games it's fine, if done legally.