Even with a Pi 2 I can’t get 99% of my N64 games to run half decently. Super Mario 64 and Mario Kart run okay but honestly not good enough to where I can fully enjoy the game. (And yes, I’ve tried everything under the different emulators and overclocked.)
Goldeneye in particular “has issues” in the compatibility list and it is currently completely unenjoyable to play in single player so I wouldn’t even want to know what it is like with four players.
On the other hand, PSX on RPi2 is a way better experience and I haven’t encountered any games I would consider unplayable.