"Sounds like the vinyl would still have higher fidelity over the cd's in most cases."
I have not drawn that conclusion yet in regards to new vinyl. The vinyl format is capable of higher fidelity perhaps, but the question is how often it is actually accomplished, especially when digital is involved in the mastering process anyhow.
Agreed that higher res digital mastering can be very good and could be preserved to the vinyl better than redbook CD format allows, but is it and how often?
I've heard too many stories on this sight about bad quality of new records to feel inclined to test the waters in general unless I know up front that the product I am purchasing at a premium is superior to the alternatives.
Also, I find the overall quality of CD recordings these days to be much better than many vinyl enthusiasts tend to give credit for. CDs are not perfect either though, so I know that the format alone does not always determine overall sound quality or value in any specific case.