Quote Originally Posted by PeruvianSkies

As a recent re-convert(??) to vinyl I would say go for the analogue. The all important mid-range from a LP cannot be touched by anything but the best CD. The sound will draw you in and won't let you go. I find I don't have enough time to just sit and listen.

I recently picked up a cheapo Technics TT and put a AT440Mla cart. on it and after a few hours tweekin it sounded good but now that I have 'bout 20 hours on the cartridge it just gets better and better especially the high and lows. The imaging and depth are amazing. The acoustical sounds such as piano, strings, vocals, sax, horns etc just don't have the natural feel from CDs like they do from vinyl. The sound seems to just radiate from your speakers as opposed to being "thrown out" like on a CD. Of course I am talkin bout my setup only here. Actual results may vary.

I agree that you may want to spend the whole budget on a TT. Now I am going to be on the look out for a "good" turntable. If this is what a cheap setup can do the I just gotta have a decent TT and cartridge.