Found this on Fark, so maybe some of you have seen it already.
http://www.egmmag.com/article2/0,4364,1338730,00.asp
EGM got some kids (12, 13 years old or so) to sit down and play some real old school games, like Pong, Donkey Kong, and that horrid E.T. game for the Atari. The article is the transcript of what the kids said as they were playing. It's pretty damn funny.
The comments seem a little to consistently witty to have been made by some snot-nosed kids, so I suspect EGM might have doctored things a bit. Nonetheless, it's a good read.