You can play local multiplayer games like Super Smash Bros. Melee online with friends.
Further exploration
The Xbox Series S ($299) is cheap, readily available, and has a CPU that rivals mid-range gaming PCs. It runs GameCube and Wii games at 1080p or 1440p with ease. The Series X can push 4K resolution on most titles.
Turning your Xbox into a Nintendo emulation machine requires patience but is entirely legal if you dump your own game ROMs. Here is the current best method as of 2025.