Lithium ion vs Air

So I have my garage finally set up with 220V and ready to buy a good compressor but then started to think should I buy the compressor or invest in battery power? It seems the impacts, ratchets and drivers are all going battery power. For the $500 to $1000 I was saving for a good compressor I would think I could get some awesome electric tools that I just plug in. What do you guys think? Who makes the good electric tools? I do have some decent Craftsman and Ingersoll Rand air tools that I have been running with a single stage 20 year old Craftsman compressor (20 gallon tank I think?)...It has served me well for what it is.