My apologies for not reading ALL the responses, (lots of them!), but I started back into vinyl with a budget table, cart, and phonostage, thinking that would do just to get a chance to hear more music relatively cheaply. It didn't quite work out that way. I just wasn't satisfied with the fit and finish if the budget table, or the sound for that matter.
Now, $6190 and four years later, my analog finally outdoes digital by a wide margin, on the right recording. I tried to go against my audiophile nature, and settle for less than I normally would in the analog format.
I bought most of my gear (including the Dyna XX2MKII cart with almost no hours on it) used, in great shape here on Audiogon or the figure quoted above would be at least a third higher.
What was I thinking? I'm glad I did it, it suits my hands-on approach to audio. If I had it to do over, I would still do it, but I would learn how to extract the best out of any given group of components before deciding to move onward (and upward in price). If you don't really know how to set up your arm/cartidge, you have no idea how good, or bad, what you have is. It's taken me years to learn the intricacies and variables of set up, and some timely help and advice from such as Dave Garrettson and Doug Deacon, but I finally made it. The knowledge is the most valuable part of the whole system, as without it, you just keep wondering why it doesn't sound as good as you thought it should. But with determination, (it also helps a great deal if you enjoy the process), success can be achieved.
As Elizabeth said, they are different, but analog can and does sound better, when things are optimized (I think there is just more THERE there with analog). I love both formats, but really get a bit more out of analog.
Dan