Someone posted earlier about the unacceptable noise floor of vinyl. Many of my LPs produce no more noise that the electronic background noise of my system which is very low. In either case, electronic noise or vinyl noise, I'd have to put my ear right up to the speaker to notice it. Never an issue from my listening position. Generally tape hiss from many original analog recordings is louder than the other two and you can have that with both LPs and CDs.
In the past Michael Fremer, among others, used an Alesis Materlink ML-9600 master disk recorder to make CDs from vinyl sources to create reference CDs for audio shows. The digital files from this fairly old recorder were exceptional, at least good enough for evaluating subtle differences between very expensive stereo systems by professionals with very good ears.
Although I haven't experienced this personally, I've read that digital files made from an excellent LP playback source using Pure Vinyl software with a high quality preamp and ADC are consistently better than the vinyl could ever sound because the RIAA equalization is done by Pure Vinyl in the digital domain; far more accurate than could ever be done with passive electronic components.
I believe both formats can produce superior sound. It's much easier with digital. If one does not already have a large LP collection and doesn't have the technical skills, money and patience to put together a very good analog source, they should stick to digital and just enjoy the music. I enjoy both formats equally but then I've gone to great lengths to properly setup up, modify, tweak, etc both my analog and digital source components.