What legions of us still have childhood memories of time spent in the game room, sitting cross-legged (back then we called it "Indian style") in front of a loop of plastic track, jockeying tiny magnetic cars to race our siblings for superlative titles -- the winner was "the coolest person on the planet," say, and the loser was "actually adopted but Mom and Dad don't want you to know"?

You can practically hear the whiff of your plaid corduroy trousers just thinking about it.

But now you can relive those easy times at Terry's Performance Raceways, where slot-car racing is way more than a nostalgia trip. It's pretty much a lifestyle. Terry's features (for now) two modes for mini-scale enthusiasts, beginning with the so-called "H.O." racers, those Hot Wheels-style cars that are authentic enough to induce a flashback in almost anyone. And it only costs $6 an hour: $3 for track time, $2 for a car, and $1 for a controller.

Then there's the drag-racing track, where speed is the only thing that matters. Even with cars that are 1/24th scale, Terry himself claims, cars have been clocked on the 55-foot-long track going as fast as 50 miles per hour, real time. He's currently building a 1/32nd-scale road course, but for now the main event is on Friday and Saturday evenings, when diehard slot jockeys compete in earnest. For a $5 entry fee you can compete if you make the qualifiers; and winners can receive up to 30 percent of the pooled money in store credit, which the proprietor says can sometimes be enough to buy you your own new car -- Terry's, you see, also sells a full line of cars, tracks and slot-car accessories.

"Racing cars to win more cars," Terry says. "That's just gotta be the best thing on Earth."