Last month, a friend gave me a very nice Harmon Kardon cassette deck. I put it in my rig, and got to thinking about reel-to-reel. If you haven't seen them already, do a search here for reel-to-reel threads. There's one that's been active recently, and two older ones. The information in them is quite good.
I stasrted looking, and it turns out that good players are still plentiful and you can find a wide selection of music on eBay. I did some homework on the models I want, and have had an eye on eBay. Something will turn up in the next month or two, and I've already put money aside.
Thing is, you get excellent resolution on reel-to-reel, better than Redbook, and arguably better than vinyl. No artifical RIAA curve and a lot of reel-to-reel was dubbed off the master tapes.
My secret plan is to get a reel-to-reel deck and then rip the tapes with an Alesis MasterLink into CD24 format (24bit/96kHz). My DAC will handle CD24, so I'll be able to get almost all of the advantages of reel, but with the convenience of computer-as-source. And I'll do the same thing with vinyl, too.