EverNightX: There are consoles from this year that have already broken. There's variance. But CPUS are generally rated for about 10 years of use. Your odds diminish significantly past that point. Plus who needs the clutter of every console and compatible display from the 70s until the current day. It would not be practical for most people that's for sure.
I don't know how good the production of PS5 and the latest XBox is. I know that all modern consoles have the same flaw that our graphic cards have. If you don't limit the frame rate, then under certain circumstances they can overheat if they got nothing to do.
But the 68x CPUs sitll work flawlessy after 30 years and my Athlon still works as well. Never had a CPU break down in all my now almost 40 years of working with computers. Other components ... sometimes (joystick controller chip, sound card, graphics card, usually stuff with external ports), but never a CPU.
The older the hardware/console, the higher are the chances that it can be repaired if it's damaged.
But sure, having 200 consoles in his appartment is not for everyone and it also isn't for me. I have a few consoles, including a Evercade (running emulated arcade games) and I built a pong console from a minikit myself (nothing fancy, even the module was already programmed). But I play mostly on PC. It's convenient clicking the link to Bubble Bobble or Turrican and play, rather then booting different systems. Just for playing, these emulations are fine.
I know people however who have the space to do that and it's something special to be in a spacement with history all around you. It's definitly something else.