Yes, that is quite feasible, although I would spend more time sending letters (by normal mail), for trips, phone calls, fax, in libraries, etc., and I would need more space for additional books, dictionaries, documents, photo albums, music records, videos, etc. (or, at least, for the corresponding data carriers).
As to video games, I hardly use them, except for cross-words and some quizzes (and I still use also "paper" cross-words).