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How can I select a video game system for me and my granddaughter?

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I need some expert advice.. Outside of a very brief experience with a fun game called animal crossing on a hand-held ds system, I have NO experience with video games, but would like to get a system appropriate for me & my 5 year-old grandaughter to play at home.. My vision isn't so good anymore, and someone told me that a 'gamecube' might be good for us. Since my funds are extremely limited, I've been browsing ebay in effort to find an affordable system & game.. but it's so confusing!! They mention different kinds of controllers? various wires and hook-ups? memory cards? etc. etc. - I don't have a clue what all that stuff is, and they also vary so much in cost! - so can someone advise me? Exactly what should I look for? and is it possible to get what I need for around $80? Thanks!! Geri