Sorry, Sean, but I must disagree. A 24/96 master tape does indeed have higher resolution, but on a practical level that means only two things: greater dynamic range and wider frequency range. The latter is only important if you believe that people can hear sounds above 20kHz. As for dynamic range, I've never heard of a master tape with a dynamic range greater than 90dB, which CD can accommodate just fine, thank you. And even if you find such a master tape, you'd have to compress it MUCH more to make an LP, which can only offer about 70-75 dB of dynamic range.
As for the sonic differences, they are not subtle at all at any price range. I'd say the difference between a CD player and a turntable at price X will be greater than the difference between CD player at price X and CD player at price 10X.
None of this is meant to bash vinyl, which I love as much as the next audiophile. I'm not arguing that one medium is better or worse than the other--just different. Better or worse is up to your own taste.
As for the sonic differences, they are not subtle at all at any price range. I'd say the difference between a CD player and a turntable at price X will be greater than the difference between CD player at price X and CD player at price 10X.
None of this is meant to bash vinyl, which I love as much as the next audiophile. I'm not arguing that one medium is better or worse than the other--just different. Better or worse is up to your own taste.