I am very new to reentering the vinyl world and am using a relatively inexpensive turntable. From what i have heard so far, older vinyl can sound very good. Yes, some does sound better than the CD of the same title. You can get newer releases on vinyl, but they are somewhat costly. I am primarily interested in picking up used vinyl of older titles. This is plentiful and inexpensive (and generally sounds good).

I enjoy both CD and vinyl. The key, I believe, is in the mastering. Many CD's do sound great. There is a certain warmth, though, to vinyl that many find pleasing.