>>723368993 (OP)
Hardware wise? Yes and no.
The N64 had cartridges, which have superior loading times, but are extremely limited in storage and are expensive as hell to make. The PS1 had discs, while loading times weren't great, allowed for much larger games to be made, and they were cheap as hell to manufacture.
The N64 has much superior hardware compared to the PS1, there is no denying that.
Games? Oh boy.
The N64 library is a solid tungsten statue of high quality games. Just about every game for it is great in some way, some legendary.
The PS1 had almost 10 times as many games, and most of them were good. In fact, the PS1's cheap disc manufacturing allowed for many different kind of games to be published, some truly bizarre.
To me, that's what made the PS1 the winner of that generation. Gaming was popular again, and Sony allowed damn near anyone with the cash to publish their game on their system.
It really was a wonderful time to be young and alive. Pic related is my favorite game for the PS1.