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Will be interesting to see what's next.
The ED64 might be my favorite EverDrive so far because (A) N64 games are still tough to emulate accurately, which gives some added value to owning a flash cart along with real hardware and (B) you can enable software de-blur for most titles to remedy the N64's overly aggressive anti-aliasing and sharpen up the image quite a bit, especially if you've also got your N64 modded to output RGB video.
Edit: What is the difference between the N64 Everdrive X7 and the X5?
I bought a "retrotink x2 mini" for my N64 just a couple weeks ago, and it works really well. Just takes the S-video signal from your N64 and uprezzes it to HD (don't remember the resolution, but it looks much, much better) and has HDMI out. Since we're talking video signals, though, you may want to double check there's not some weirdness with PAL consoles, because there might be, if I remember correctly.