It's easier to get good tape playback than equivalent vinyl playback. A good used Revox goes for 1-2K, whereas an equivalent TT, tonearm, cartridge, and phono stage will set you back 5-10 times as much.
But pre-recorded multi-track R-R has its own issues which are unique to the format: sound from one channel can bleed slightly into the adjacent ones. No big deal if it's 2-track; but if it's 4-track R-R, then the channels are arranged so that the slight bleed is the other side of the tape. Reversed. That can be audible and it's not high end.
Cassette tapes solved that problem with a more sensible arrangement of tracks on the tape.
The solution of course is the cost-no-object 15 ips 2-track stuff, at $1000 per hour - and that's pretty phenomenal, or so I've been told. So you've got a choice: pay big for the hardware, or pay big for the software. Since vinyl has rather more titles, it's vinyl for me.