I've yet to buy into digital, same with books I still hold onto the physical medium dearly. I find that mnay people who buy into vinyl are audiophiles, the kind who spend hundreds and thousands on their players, speakers and amp in the search for the perfect sound, I find it insane. I love records because they are not perfect, the surface noise, the mono sound, its supposed to be a bit rougher but more human for it unlike the manicured digitalised music. I have a love hate relationship with vinyl, for they come with their issues; you need to treat them very carefully, newer reissues are commonly of poorer quality, some are even just taken from CD instead of the master tapes and man they take up a hell of a lot of space. But they are often the best way to listen to music from an earlier era (especially if you get hold of editions issued pre 90's).
I have equal love for CD's too, they haver their benefits over vinyl; no surface noise, far more durable, cheap and when done properly easily equally if not better sound than vinyl. The biggest issues I have with them is that the trend for remastered reissues and compressing what would be a double LP release onto a single CD which ends up dumbing down the sound. I think anyone who loves music should have access to both, too many albums I like only have been released on one or the other.
Heres my set up, assembled on a budget, I picked them up off ebay second hand, the record player is a Rotel RP-830, Rotel RA-810a amp, Cambridge Audio CD4 CD player, hooked up to a pair of JPW shelf speakers.