IMO, as usual, the vast majority of mass-market LP's contain truncated or highly compressed bass. Especially as one moves towards the inner grooves; especially the innermost track. Bass equals groove excursion, and that equals expending vinyl floor space... Having said that, in my limited experience w/ CD's, there doesn't appear anything magical about bass on CD's.
I've just run a low end test w/ the Rives test CD/Radio Shack meter, and believe me, the room structure is the final factor in bass response. Vinyl is capable of some *very nice bass, but the room acoustics are what makes or breaks the situation...