I got into vinyl only some 6 months ago and restored a vintage Thorens deck to get me started. I have a 200 US$ cart, a 150 US$ phono stage and a tonearm comparable to a modded RB250. Why did I do it? Not because I was seeking conevenience or to find a Berendsen killer, but simply to tap into a medium that is widely available and gets little attention these days, a huge archive of music that is largely available for zip. I aquired an extensive classical record collection at the time, from the estate of a older lady. I continued to build my collection by buying myself some famous 60+70s rock records, some 80s favourites, added some current electronica and club music, friends donated some records to my new hobby, and browsed fleamarkets and 2nd hand vinyl places in the process. After building a collection of ca 200 LPs, I calculate an average of around 3US$ per record so far, and that includes the new ones. I am amazed of the quality even older vinyl can produce with little or no cleaning effort.
To me, the experience of buying and playing back my vinyl, opened a whole new page in my audio hobby, I haven't had this much fun in years.
No new headphone, amp or DAC could have could possibly had had a similar effect.
I don't doubt CD and encoded music can sound just fine, in a cost-no-object system probably better than my old vinyl. In addition, one should not forget that many CDs have the added benefit of a thorough remastering over their respective original LP pressings. That's not the point for me.
Generating playlists or clicking through music folders simply isn't my idea of a good time.