It would have probably been a whole different arcade vibe back then.
Sure TZ and CFTBL would have probably existed, but the entire line of licensed themes made to coincide with the release of movies like like TAF and T-2 certainly wouldn't have.
And all the unlicensed themes like MM, AFM, Fish Tales, Getaway..etc? Sorry, you are lucky to get one or two of those.
And what about GNR, a band less than ten years old? No way!
Yes it would have been a whole different vibe. What do you think pinball would have been like in the 90s if most of the themes were licensed and tuned to aging baby boomers born shortly after WWII trying to relive their youth?