In my experience vinyl is amazing, but very expensive to tap into the magic.
I currently have a VPI Prime Signature-Pass XP-17(Phono)-Ortofon Cadenza Bronze cartridge-Audience SX phono cable. This is around 15K to spin records and its sounds great, but in my journey it took the above system to really bring out the magic.
Also records are very expensive, I only usually buy first pressings in excellent shape. You will also need a record vacuum/washer...this is mandatory.
I'm also not a huge fan of having to manually lift the needle off the record when its done playing.
Also as your record collection grows....they take up a lot of space. Also there very heavy in bulk piles when trying to move or reorganize. There also not so easy to sell if needed.
I am blessed with a great system digitally also. This gets the majority of my playing music. Its easy and convenient.