Actually, vinyl is becoming 'trendy' again. You'll notice this among many college students. I go to NYU, as many of you know, and there are a bunch of shops in the village that sell crappy, over-priced releases of modern artists and they are doing very well at the moment. It's just a more tangible item than a CD or digital music file is. Many people who don't have huge incomes like to see that their dollar is going far, and vinyl simply appears more "worthwhile" to these people. Many of my friends, who got into vinyl because of my infatuation of it since the age of 15, really question my expensive (to them, at least) stereo rig. Vinyl is not just for the audiophile anymore. Many artsy and rebellious young people love vinyl for different reasons.
It's been in pop culture a lot more, believe it or not. I'm sure some will remember the scene from Garden State where Natlie Portman's character plays a record in the background. Not very significant to the eye, yes, but how likely would it have been a decade ago to see this in a movie, when CDs were just becoming on the rise? To conclude, it's becoming trendy again - it's reaching new audiences, and for good reason. People ARE in fact not satisfied with the so-called "new and advanced" formats. Vinyl is their answer, and for a totally different reason than the audiophile would argue.