Thoughts on discreet tubs, transistors vs. IC chips, op-amps.,.etc

On the other hand the very geometry and small size leads to compromises, and things like connecting resistors etc. must, in reality, be semiconductors -- not metal film, carbon film, etc.

This isn't true, I use thin film smd resistors which are very easy to find and there's a much wider range of C0G/NP0 capacitors available in smd than through hole. If you look at a datasheet for an op amp the design is likely to be an entirely straight forward transistor based amplifier in a small package.

In general, chips allow for complex designs that would be large and costly in discrete form. They also allow for decent device matching as a side product of the monolithic process. These are good things.
On the other hand . . .

I think itsjustme was specifically referring to resistors right on the integrated circuit

@atdavid

Ah... okay, that makes more sense. As you imply 'accurate' is a bit of lazy shorthand... I meant an accurate rendering of the output signal into the inverting input i.e. relatively unchanged by the parasitic characteristics of the copper traces. Probably more importantly shorter traces improve the stability of the IC by presenting a low inductive load. I have generally found that compactly designed layouts are more linear.

On the other hand the very geometry and small size leads to compromises, and things like connecting resistors etc. must, in reality, be semiconductors -- not metal film, carbon film, etc.

This isn't true, I use thin film smd resistors which are very easy to find and there's a much wider range of C0G/NP0 capacitors available in smd than through hole. If you look at a datasheet for an op amp the design is likely to be an entirely straight forward transistor based amplifier in a small package.

Small packages have significant advantages in audio applications, the feedback loop from the output to the inverting input of an op amp can be reduced to a few millimetres which results in improved accuracy. Also IC's are very accurate in their own right as components such as resistors can be laser trimmed and very precisely matched. The drawbacks really come down to heat dissipation and the voltage handling capability. Small packages have a small surface area which requires effective heat sinking... which if designed properly will work fine. The other drawback for the designer is that the maximum rail voltage is likely to be dictated by the IC, so if you want +-60V rails you have to go for discrete.

There are many ways of optimising the performance of ICs, at the moment my favourite is to use a power amp IC in the feedback path of a precision audio op amp.