I probably don't even need to comment as you all know what my preference is;
WinUAE!!!
Back in the day I had a second hand expanded A500 (512KB Chip & 512KB Slow RAM). Unfortunately after a few years it started dying...
If it wasn't for WinUAE my Amiga days would have been forgotten; I was very happy when I discovered this back in 2003.
Also, as others have said:
- I don't have space or money to buy real hardware.
- Hardware is falling and will not last unless you keep throwing money at it.
- No need to have numerous different real Amiga's to get the full range of games / demos working.
- I can emulate loads of different stuff for A500 / A1200 / CD32 / CDTV / AmigaCD etc.