My opinion is this.... I think most people pretty much agree that analog recording gives the music a warmth that makes the sound unique. The audio information is blurred/smeared because using magnetism doesn't allow exact and precise movement. That's what gives analog stuff the 'warmth'. When digital recording first seriously hit the scene I wasn't trying to hear it. I more or less was like 'fuck that' because 1) I was used to doing things the traditional way and 2) because the technology hadn't really been explored yet. I wasn't THAT impressed. As the technology advanced and new things & ways of doing old things became possible, I became more open-minded about digital. The editing and processing advantages of digital versus analog are too ridiculous to even discuss. By comparison, analog just doesn't even exist in that arena. George Lucas said that the technology is so powerful now that basically anything he can imagine, he can do. The same applies to music. There are even algorithms out now that give that same warm feeling that analog recording does. Not perfectly but damn convincing. I honestly feel like analog is still around today less because of what it has to offer and more because of a combination of people being scared of change and feeling sentimental.
I feel that analog will always have its place in the same sense that there are still people who like to drive vintage cars. There still a reason to use it, if you choose to, but it's a technology that's gone the way of the dinosaur. If I had to choose one over the other, I would choose digital without any hesitation.
Hope that makes sense man... I've been up for a little while but I'm still not really awake yet.