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  I see the new 1/32 stuff in the hobby shops today and it's all I can do not to drop the bucks on a new setup. 
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Do IT!  Get a 1/32 scale setup.  I had AFX as a kid and picked up a Scalextric set a couple of years ago and the kids and I have a blast with it.  Still have an AFX setup that I need to get up and running again. 
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I will echo  
DO IT !!! Life is SHORT !!   Get that AFX track or Trains or drum set!! My wife had trains when she was a kid and she always yacked about them. So I went out and picked up four lionel sets and laid them out on a folding 4x8 platform.  I used to break them out every year for Christmas, haven't seen them in a few years but know with Grandkids they will probably come out again this year! 
 
 
 Everybody Loves Trains! (not so with the drums) 
 
 