Will a $700 turntable outperform a CD player?


I’m looking into getting a second source as I don’t want to be tied down to internet and a streaming service as my only source.  Will a $700 turntable and inexpensive phono preamp out perform a Cambridge CXC transport / Schiit Gungir Multibit?  
The Schiit Sol / mani preamp look enticing but I know nothing about turntables.

I used to dj and always used technics Sl1200’s and really liked them.  I can pick up a nice SL1200 mk3 used for $600...

I figure that before I start spending hundreds, possibly thousands, on cd’s or vinyl, I should be sure which format I want!

Thanks for any advice / input regarding this 😁

Best Regards,
Bruce
128x128b_limo
@cal91

As a retiree that’s a little insulting. But in my case it’s also true. I am a candidate for knee replacement and I have no desire to sit through several songs I don’t want to hear to get to the song I do want to hear. With CDs I can touch a button on a remote. Problem solved. If there was an option for me that meant I didn’t have to get up constantly I would buy a turntable. But that brings me to another problem brought up bt paulburnett.

Digital is more convenient for sure, this is why streaming is the most popular format for younger generation when internet is all around and music is free.

What is good about CD is booklets inside (good read sometimes).
In my retirement there will be no CDs.

CD associated with 90’s in my memory, don’t know anyone in my circle of friends (40+) who collect CDs nowadays, if it’s digital then it’s on hard drive or streaming. But many collect vinyl.

I think cassette tape (and tape swap) was a great era. It was easier to copy CD on cassette tape than to buy an original CDs (here in Russia). Then pirate CDs flooded the market, but i was deeply into vinyl at that time.

@chakster 

People have tried to convince me to try streaming. Again, the convenience issue comes up. I don't know how it works. Do you access a complete album and have the ability to skip songs you might not care for, or do you seek particular songs? I have hundreds of CDs that I can see, hold, and make a choice. I can skip songs without having to get up. I know this betrays my ignorance of streaming, but unless someone can explain to me how streaming is as convenient as CDs I see no reason to make a change. If someone can explain why, at 66 years of age with a bad knee I should make the change to streaming, please do it. I'll be looking for advice on streamers. I'm not married to my CDs.
FWIW,

I have been running a Perfect Wave Transport and Theta Pro Basic III DAC. Took me quite a while to get the sound I liked.

I had not been playing vinyl for probably two or three years.

Anyway, I got my Technics LS1200Mk5  turntable and Audio Technica150 MLX cartridge set up and was surprised to the point of shock.

The DAC combo blew away the vinyl. The Technics seemed lifeless and with less detail. An Ortofon Pro S40 cartridge was even worse. It did not matter whether I played an old album or a new 180 gram record.

I was always been in the Technics camp but this was an eye opener for me.

Thanks for listening,

Dsper
@roberjerman     

Good to hear there’s other audiophile/guitar collectors. Pre CBS Fender and same era Gibson too?

Steve.
@cal91... streaming in like the internet jukebox at the bar. You can control it from your phone and you never have to get up to swap your cd or lp. You have hundreds of cds... I have Tidal and Qobuz which each have around 50 million tracks (yes there is overlap in the catalogs). You can play entire albums front to back or you can pick through and just play the songs you want. You dont even have to skip through the unwanted tracks unless you prefer to do it that way. You can just queue up the tracks you want to hear if you would rather. If at the end of the night you were particularly fond of your listening session, you can save the whole list and revisit it again later at the push of one button. You can listen to new albums before you buy the physical copy to see if you like them.  You can revisit old albums you don't own and you can explore deeper into an artists discography. 

I am a vinyl guy first and have much more money invested in my vinyl rig. But I also have a streamer and a DAC to fill in my collection. I can't imagine not having both. My Dad is about your age and after a year of saying pretty much the same things as you I finally got him to buy a streamer... He loves it. He is discovering new music which has led to more vinyl purchases. We send eachother recommendations on newly discovered albums. He will never go back. 

You really are missing out by not even knowing what you are missing (paraphrase of what my Dad said after the fact). Best of luck.