10-12-08: JsmanYes, we actually have no argument here. If one were able to buy open reel 7.5ips direct real time copies of the master tape, and the copy was on a high quality high output low noise, minimal shedding, highly polished oxide on polyester backing, or better yet, on ferrochrome, the sound would probably blow you away.
I would agree with you as for the time part, but for the best sound the analog tape is hard to beat.
On top of that, turntables have gotten crazy in price, complexity, and close tolerances to achieve a good setup. I posit that a $2K-$3K open reel tape machine--playing tapes of the quality I described above--would sound noticeably better than a 180g audiophile pressing on a $30K turntable rig, especially if you're including the phono stage, cartridge, and platform isolation in the total cost.