They definitely still make vinyl. Tool have just released their "Lateralus" album on vinyl, and all of their others were also available on it. Also, along with the 30th Anniversary Dark Side of the Moon SACD there was a
new vinyl edition.
So, yeah, still being made. And I don't know about the quality either. I know when I go through my father's old records some are very thin and flimsy, while others are more substantial. They know how to put art on the vinyl itself now, but maybe they've known how for awhile...
Lateralus.
