Is vinyl still a "perfect" source?

I'm after your thoughts on this one...
Recently I've started thinking about getting back into vinyl as a source, but nowdays an LP is no longer a true representation of the original analog studio sound as it used to be, since 99% of recordings these days are done digitally in the first place. That of course means the music has to go through a DA converter before becoming a record, which I assume means some of the original analog sound is gone.
Have any of you noticed a loss of recording quality in vinyl over the past few years because of this?