With tape everything stays within the domain of electromagnetic energy,
with vinyl there is a conversion of mechanical energy. Do you think
nothing is altered in the conversion ?
@inna There is a conversion of an electrical signal to magnetic, and then that magnetic field is stored on the tape. Do you think nothing is altered in the conversion?
Tape heads and tape are non-linear. To linearize either one, bias is added in the form of a high frequency signal that is at once so high that it can't be recorded and will not interfere (hetrodyne; i.e. 'birdies') with harmonics of the signal to be recorded. The Germans sorted this bit out during WW2 (BTW you can see one of three known Nazi tape recorders at the Pavek Museum in St. Louis Park Minnesota. If you are ever in the Twin Cities as an audiophile its a must-see). There is a certain amount of harmonic distortion associated with recording; the amount varies depending on the permeability of the record head and the formula of the tape. 3% is not uncommon at 0VU.
Solid state machines need a bias trap to keep the bias signal away from the record head driver circuit- the head driver transistor can otherwise be saturated. Tubes are immune to this problem- IMO this is one reason why tube machines can make better recordings all other things being equal (which in practice they never are).
In comparison to vinyl, tape has less bandwidth (on top and the bottom) and less dynamic range- it is also noisier unless the LP has been abused. This is why its practical to use an analog tape as a master for an LP- the LP encompasses the performance of the tape medium. The limitation of the LP is in playback, not record- and that is where one runs into distortion, mistracking and the like, which is highly variable depending on the setup and quality of the pickup apparatus. A good playback will have no mistracking regardless of the program material.
One thing tape can do quite well is out of phase bass. It this occurs in an LP, the groove walls can get so close together that they can knock the stylus out of the groove. For this reason, circuits exist to sense out of phase bass and then cause mono operation below a certain frequency. I have found that if the engineer spends enough time with the project, there is usually a way to master it without using the processing, but engineering time is expensive, so the processing is usually left in place (BTW, its a passive process). Out of phase bass is a problem with multi-tracked recordings if the engineer isn't careful.
Lately there have been a lot of 10.5" reel to reel titles becoming available; the advertised provenance being that they are dubs from working copies (there are a lot of Russian titles claiming this on ebay right now) and they are going for serious cash. I am of the opinion that if you get a title that is in fact actually dubbed from a legitimately good source using quality gear that the result is spectacular. But a lot of these dubs I've been seeing don't measure up to that- I would be not at all surprised to find that many of them are mastered from a CD; some of them I've heard are oppressive on top compared to the original LP.