I do think it’s overrated - yet I still enjoy it.
It‘s definitely inferior, but there is something nice about getting an original pressing of something older than I am. Hearing a recording on the format it was originality intended for has a certain appeal.
I’ve only been collecting vinyl for 5 years, so not long really. I do now feel that a stereo component system would somehow seem incomplete without a turntable. I’ve only got an entry level Pro-ject and as far as I can tell it sounds pretty bloody good!
However digital is more accurate, more convenient and - well just better IMO.