Best is in the eye of the beholder. If defining "early" as games from 1977-1981, they were advancing every year with better sound, playfield layouts and rule sets. I roamed arcades and played most released during that period. Have owned dozens since. Many had great artwork but were lacking in game play. It isn't fair to compare a 1977 Eight Ball to a 1981 Centaur. That's like comparing a 1980 VW to a Porsche. Both German engineering but night and day different in performance. Dollar wise for the fun factor my pics are:
1) 1977 Eight Ball. Bang for you buck, almost 20K made. Nice examples are under $1200. Great artwork. You'll never lose $$ if you buy right.
2) 1979 Harlem Globetrotters, same as above, cheaper to buy.
3) 1979 Meteor, great player, lots of fun, cheaper to buy.
Money no object choices:
1) Fathom, best of the best, open your wallet wide.
2) Centaur, Owned it sold it. Great game but like owning a vintage MG, lots of stuff can go wrong.
3) Flash Gordon, personal favorite for price vs fun.
4) Embryon, best wide body ever, sorry Paragon ( I own Paragon)
5) Nine Ball, crazy hard rule set but a blast to play. Anyone selling?
6) EBD, very challenging game that still hasn't gotten crazy price wise.
Many more I could list that are great games I love playing.