I think the source for digital transfer and remaster process play a big role on how the music sound. Like some CDs I have, the earlier version does not sound good at all so with the same song LP sounds much better. However, the later 20 bit remaster version sounds almost like the LP. Any how, there is no need to argue about what format beats the others since there are other factors we don't know about should be considered.
SACD, MSB/Upsampling, LPs Compared
Using a S9000ES, Audiophile Audition reviewed 10 SACDs and compared them to the identical CDs (using the S9000ES and MSB DAC with upsampling) and at times to LPs. SACD was the clear winner, even though the LPs were close. The article even noted that the CD layer on hybred discs sounded better than the CD.
http://www.audaud.com/audaud/FEB01/setFEB01.html
http://www.audaud.com/audaud/FEB01/setFEB01.html