Aged Well:
Devil May Cry (think about it)
The 1st; innocent childhood, few features but very well executed, Capcom had no idea how much of a gold mine they were sitting on.
The 2nd; The Akward Teenager of the gang, akward story that had many flaws, gameplay mechanics that he was trying but didn't work out and people always found him a tad weird.
The 3rd; The Young adult, in his prime. He knew what he was doing, his story was much less sketchy than the 2nd's and his gameplay mechanics, having dropped the bad ones from the second, were solid and enjoyable.
The 4th; The Old Man of the bunch. He tries but can't quite compete to when he was in his prime, maintains some interesting ideas, but mostly in thought, his execution was a little bit less than stellar, but we forgive him for his short-comings because he is a veteran and we hold respect for the experience he brings to the table.
Aged Badly:
Super Smash Brothers, it hit it's peak at the 1st, the second was horrible and the last was decent at it's best.