Costly, yes, but with a crucial difference. Unlike digital where you spend more and more never getting anywhere constantly falling behind as every year or so what you bought for $10k can now be had for $500, with analog what you buy sounds good year after year and you buy more because you want more of this.
Is it necessary? Not really. I learned this lesson very early. My vintage Technics SL1700 had been boxed up for years, all during the time I was remodeling and building my listening room and system. This was just after CD had "killed" vinyl and so my system was CD. Until I dug out the Technics and put on a LP.
Wife came home, "What sounds so good?" Records. I was stunned. Busted up 20 year old DD turntable with worn out bent cantilever Stanton 681EEE and we both agreed it bested my ten times as expensive Cal Audio CDP. Easily. Not even close. Crap phono stage, patch cords, and all.
Yes a really top flight analog front end is costly. But if that is all you say it creates a false impression that turns people off. Truth is just about any record player will walk all over digital.
So the OP makes a great point. Anyone out there with anything analog is right to be happy and satisfied. But at the same time there is the potential for those same records to be transcendentally spiritually awesome on the right rig.