Not that it makes much difference, but I think it is the Bandai one.

But lilshawn is correct. There isn't anything worth doing with that, you can either get another plug and play, or upgrade it with something a bit nicer. Lots of options. Pi, Full PC, XX-in-1 board, etc....whatever fits what you want. I think if you have an idea of what you are looking to play and/or your budget, people here will have plenty of suggestions to steer you in to the best options.
Plenty of help around here to be had with adding to your control panel and adding art as well!
“Plug and play”? What do u mean by that? Like a prepared kit sold online? Or the guts of another game like I have?
What kind of pc would I need? Would an older pc have enough power or would I need something new?
Seems like a pi would be easiest?.....
I’m not opposed to changing out the monitor/crt. Would an older pc monitor work? Or does it not have the specs or connectors needed?
Obviously I’d like to keep costs down but would like to get some cool lighted sticks and buttons if they are reliable.
I mean I have NO idea what the Different options would cost. Could you just throw out a range for the types of set up?
Favorite household requested games to have, pac man, Galaga, galaxian, donkey Kong, donkey Kong junior, super Mario, joust, spyhunter, frogger, Tron, Punch out, defender, burger time,