There’s merit in what you say, I get it.
Digital can, and I say “can” be good, heck great, but it takes a series of steps to really make it shine, many highlighted in your statement.
Guys I know either think these steps are gimmicky or ignore it in whole or part, leaving SQ locked in a box and the sad part it does not take a lot of cash to do.
Conversely analog not done right against a more advanced digital system will highlight the weakness of the analog setup, and believe it starts with the cartridge, arm then table.
Despite all that the most important aspect is the source, and the median which it’s recorded and engineered.
Lots of variables in all this to arrive at a great sound but the constants of speaker, room, power are the foundation.
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Another good point related to a plain-Jane price comparison: It really depends on what is up- and downstream. While it’s different things that affect the quality of digital and analog, there are also common factors.
Component - both, but analog has more moving parts
Media quality - both, maybe analog even more so
Power supply - both, maybe digital even more, as it also applies to signal transport (although I also have a 4K power supply unit for my turntable, which makes a huge difference)
Grounding - both, equally for power, signal and components
Signal conversion - both, complex in either case, D/A conversion, signal processing, filters, upsampling, bit rates and formats vs intricacies of groove tracking, azimuth, vertical angle, cart load, alignment, and mV level amplification
Cables - both, different types of cables going into a DAC and different types of cables in the TT setup
Isolation - both, but analog is more sensitive to vibrations, as this needs to be addressed relative to component, placement, tracking, motor, power supply, and even media
System matching - both, if components do not harmonize the system will never yield a top performance
Acoustics - both, usually the most neglected factor, a little of room acoustic treatment is often equivalent to doubling your system investment
Ergo: A 10K vinyl system can easily beat a 20K digital system, when basics are not taken care of properly. And exactly the same applies vice versa. Plain component investment does not get you very far in any case.
The trouble is, the weakest link principle applies: everything can be top notch, but if only one key element is suboptimal the entire setup suffers.
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