Hantra,
I have always listened to vinyl - it takes up probably 75% of my Home Theater time (the rest evenly split between CDs and DVD movies).
Back in 1980, I bought a Studer Revox B795 turntable, and it served as my main deck until last year. Note it still sees duty in my second system (in the Family Room). Last year, I got a Basis 1400 to replace it in my main system. Needless to say, I own quite a few albums.
I play CDs on a DVD/CD/DVD-A deck by Panasonic (DVD-RP91). This past Saturday, I again had a good friend of mine over. We listened to CDs (including DVD-A) for about an hour. But as soon as we put on an album, he said "Man, it's amazing how much better albums sound than CDs on your system". Note he had come over as month ago, and refused to listen to CDs after first listening to albums.
Of course, I know it's not a fair comparison, as my turntable (w/ arm & cartridge) is considerably more cash than my DVD player. Perhaps if I bought a $2,000 CD player/system, it would match my vinyl rig, but I doubt it.
Certainly, I like the convenience of CDs:
> skip a song if you don't like it
> pause it if the telephone rings
> hear both sides at once (no flipping the album over)
Plus, I understand how people who were not "raised on vinyl" would get turned off by the higher noise floor and the pops and crackles. But on my system, the only time CDs sound better is "when there is no music being played (i.e. - between songs)". And personally, I sit in front of my stereo to listen to music - not to listen to the gaps between the music.
Kevin