Today I think of VHS as ideal for people who want to get into an obsolete format. I often see decks for sale for $12 that work great at our reuse center and prerecorded tapes with great moves up to 2005 or so are $1-2 there or the Salvation Army. The decks I see are late models which have automatic tracking and VHS HiFi and are highly reliable -- commercial movies are usually encoded in Dolby Pro Logic and often sound more cinematic than many DVDs because the average DVD has a NERFed 5.1 track because they assume you're going to play it on a two-channel system.
why not DVD, wtih hardware & movies that are just as cheap and better in almost every way?
Obsolete formats (especially with high performance mechanics) are fun, but VHS picture quality isn't. My idea of fun would be to try to get the best picture quality possible by throwing appropriate digital encoding + error correction + compression at the problem - the more anachronistic, the better.
We have crazy powerful DSPs (like a low end GPU), advances in coding and error correction codes, and highly advanced lossy compression algorithms now 8)
Previously on HN: film on vinyl LP (pretty terrible, not much to work with), super high quality VHS reading by hooking up ADCs directly to the video heads + software, and VHS tape streamers (IIRC 1-2 GB with circa 1993 cheap hardware).