Yes, but not in comparison to streaming, iMO.
I would suggest that a £2-3 K turntable will extract equal performance from vinyl as a £10-15k streamer……using the same amps, speakers etc
With respect, again, I'd disagree wholesale here too. In terms of the numbers, feel free to spend as much as you like, but there's really no need when high quality replay is available for significantly less.
As for the spend on vinyl viz a streamer, I'm not sure what you've been listening to that made your experience so bad?
The variables that count for me are: what sound do I like (which I obviously know because that's how I like to hear the music replayed) and the gear I choose that meets that aim.
My streamer is a £60 simple bit of kit from Arylic, the S10. There's no DSD, or MQA, but 24/192, and a sound that's better than you'd give credit for given the notes you're handing over. It also lets you stream your own stuff, and it has a brilliant vTuner service that opens up internet radio to you, which I love. The sound quality is excellent.
My CD player is around 34 years old now. I picked it up a couple of years ago and was blown away by how good it is. It was £600 back in 1989, so that's maybe around £1200 today? It's one of those good fortune things you land on by pure chance and I think it's maybe my favourite CD player - and I've owned plenty - of the last thirty years.
My turntable is a modded (not by me) Thorens TD160, with an RB200 tonearm and a Benz Micro Gold MC cartridge. That combo gives me the sound I like - clear, open, detailed and very musical. Just like the others.
The streamer is £60, the CD player was £125, the turntable was - all in - maybe £700 (plus £90 for the phono stage).
The notion that you need to spend multiples on a streamer over a turntable is - to my experience at least - fanciful and doesn't stack up in practice. Not, I think, if you know the sound you like and what you need to deliver that.