Dan, I wonder if you've been reading Audio magazine lately. They are generally advocates of analog playback, and still run ads and test reports on turntables.
Analog does have its advantages, but when my turntable started to give me problems circa 1990, I gave up on analog audio, basically because of the headache of cleaning albums each time I played them, and always feeling like I had to make a copy on audiocassette right away to avoid excess wear on the grooved playing surface.
I do agree that many early CDs sounded pretty lousy, but with remastering techniques applied over the past few years, many now sound great, to my ears anyway. I have never done an A/B listening comparison though, pitting a good analog setup against a good digital one.