Vinyl or wait for the new stuff??


I was wondering whether to dive into the world of Vinyl or wait for the new format to settle. You see, I have not listened to vinyl for more than 20 years now. I have all rated A equipment and cables and good collection of Audiophile and not so Audiophile CD. Recently I have been thinking of taking a dive into the world of Vinyl. However, knowing myself, I will not be satisfied unless I get some highend stuff which will cost me some serious amount of money. Not to mention that I have to start my collection of software. So my question here for you guys who want to help. Shall I make the move or just wait for the SACD/DVDA ? your input would be much appreciated.
myoussif
New formats are going to come and go ... digital is about convenience and transportability, which means that we're headed toward a non-physical-media digital world. On-demand and downloadable entertainment will be the norm sooner than you think.

Moreover, I'm looking at CDs of mine that I've had for 10 years or so ... the substrate is decomposing somehow. My Kieth Jarret "Sun Bear" collection is totally unplayable! Scratches on CD are way more annoying than on LP, and CD seems to be more easily scratched. YET ... I have 60 year old records that sound FANTASTIC.

More and more new vinyl is being released, there's plenty of old vinyl to enjoy, and it doesn't take much to get back in. The rewards FAR outweight the risks.
Buying old vinyl is a bit like gambling on the horses. You remember the good recordings at bargain prices (wins) and forget the unplayable junk (losses). In reality LP's cost more than CD's when you take the real costs into account. The situation becomes worse when you start buying new release on vinyl. I would still go for a turntable though. CD/SACD/DVDA do not cover all the bases. When you take into account that there are only a limited number of great recordings of the sort of music you like to listen to, you need to broaden the search as much as possible.
I've read a lot of good responces and thought I'd add mine. I do have CD's....but I use them in the car only. When I listen to music at home, its vinly all the way baby!
There is a warmth that digital just does not "reproduce" well to my ears. Not to mention the vast aray of historic recordings that will never make it onto a newer format. I'm 47 years old and theres something about playing a record that was pressed when I was a child...or my father was a child...and I'm the first in many years to hear music come from that disk....Its like opening a time capsule every time I listen. I don't think anyone could say that about a CD. I for one would HIGHLY recomend going vinly....skys the limit as to what you will find and hear.
I just recently began to sort/archive my 400+ vinyl's, and find it quite stimulating to revisit my formative years. (more like hell-raising)

Tough decision, as I am also at that crossroads of having a good mix of CD and LP material. Personally, I am just filling in the gaps on my "favorites" list, and replacing those that are no longer "playable".

You may also want to consider finding those vinyl products that ARE NOT available on disc.