Given that vinyl's origins are rooted in the 1800s, I think it's safe to say that's it's not going away! It has outlasted every analogue format that appeared, and even many digital formats, and is about to see off the Compact Disc ("prefect sound forever"?
).
Some may see it as archaic (we could say the same thing about the loudspeaker), and yes, it's not perfect, so why does it sound so damn good?! It has no right to sound as good as it does, and whenever I closely look at a stylus in a groove and listen to what is coming out off he speakers, it baffles me - lifelike music from a squiggly groove. Given how far back current vinyl technology goes, the digital world really should've produced something by now that renders it irrelevant. But it hasn't.
Maybe with various formats having come and gone over the decades, including the likes of SACD and DVD-A, maybe people are presuming these new formats with their bold claims just aren't going to stick around? Maybe because vinyl has been around since their childhood, they feel safe in the knowledge that it is still here - dependable.
For me to answer utomo's question about what would make me switch (completely) to hi-res audio, I'd have to say audio quality needs to improve to the point that it sounds like the artists and their instruments are there in front of me. I know a lot of people say it about certain systems, including their own, but I mean
really there in front me. I don't mean in a 3D sense, I mean more to do with the real impact that instruments produce. I don't know whether something is lost in the recording of instruments, in the mixing mastering stage, in the sound formats they're transferred to, or the equipment we use to listen, but something is missing. Maybe better cables are needed in studios...
Oh, and if vinyl is a nostalgia thing, I'd still be using Betamax and riding my Raleigh Chopper.