While Archimago is absolutely right in everything he states, I am sure many people here will never let their strong conviction be swayed by reality. When one is convinced of one's own superiority, then one tends to put more faith in what they believe than what can be proven.
It is absolutely unquestionable beyond any shadow of a doubt that digital, especially anything approaching high res can far far more accurately reproduce an ANALOG waveform than can a vinyl playback system or reel-to-reel. And let's be honest, that is all they are doing, recreating an analog waveform. No more, no less. All these flowery words about the ear, human perception, etc. is meaningless. All these devices do is recreate an analog waveform.
Simple case in point. Record a record on a high end system to digital and play it back on a technically accurate DAC (not expensive, technically accurate) and you will have a very hard time differentiating them if you can at all. Take a high res digital track, and convert it to vinyl (or reel-to-reel), using whatever process you want, and you will always be able to quickly tell the two apart. If audiophiles applied basic logic, they would understand this means that vinyl is nothing more than the sum of its colorations and if you like it (I often do), there is nothing wrong with that, but just treat it as what it is.