I just got a Project Debut Carbon Evo for the holidays. This is my first turntable since the 70's, and it does indeed sound stunning with a good vinyl pressing. (If you like Phish, try the LP on LP releases for great sounding vinyl). Even more remarkable, many of my LPs from the 70s, which were boxed up and stored in the early 80s, sound great after a run in the Record Doctor V that someone recommended to me.
While vinyl will never replace the many terabytes of great live music that I enjoy, it will have a permanent place in my system once again.