The better quality ROS - especially the new brushless models - are really fantastic. The 150mm (6") units like the Festool ETS 150/3 (and other brands of a similar ilk) are really versatile performers. If you are getting just one sander, as other folks have mentioned, consider one of the modern ROS.
I also have a number of Porter Cable half and quarter sheet sanders. They work well for prepping finishes (paint and clear) for the next coat. They don't have dust collection, they're loud, and functionally they have a very narrow use. But I love the finish and the stickit sandpaper. I have a buddy with a Festool (RS 2 E) that does have dust collection and works extremely well for the narrow scope for which these sanders are designed. I will likely upgrade at some point to get the dust collection. To my knowledge they are technically not ROS but rather just an orbital sander.
My view is that the large 150mm ROS by firms like Festool or Mirka are the most versatile and efficient electric powered hand sanding machines out there.
"the mechanic that would perfect his work must first sharpen his tools.” Confucius