First of all, the comsumer was never given the oppurtunity to choose between vinyl and CD. As soon as this musical tradgedy was foisted on the listening public, vinyl was pulled from the bins and destroyed.
I went into the local purveyor of sound one week and there were literally millions of LPs there. Two weeks later I went back and they were in the process of repacking all their LPs and replacing them with those awful silver discs. CDs at that time sounded absolutely awful, now they are just not as good as LPs.
JVC, who had just invested millions on new presses and lathes dismantled them and refused to sell them to prospective buyers. Why would they not want to at least make back some of their investment by selling what they were not using? I don't like the X-Files, but something is a little fishy here!
Anyone who wanted to buy vinyl had to hunt like a madman to find anything. SO there never was any competition between the two formats.
Even today none of the big companies track LP sales. For those who bother to do it, they find that last year LP sales were up while CD sales have fallen of dramatically.
Even if that was not true, how many of us would be willing to accept the vote of the uninformed consumer as to what is the better medium?!?
I have a $3500 SACD player and a $3500 turntable/arm/cartridge combo. I'd say that's pretty even! The TT still sounds better, not different, but better!!! Vinyl might not sell as much as CD, but CDs sound dead.