I rip my vinyl collection in 24/192 using the Roland R44 and I have a Mixpre 6ii that I recently acquired for live music recording so I thought I'd share some thoughts here.
It is possible to find pressings of vinyl that sound far superior, in many cases, to the redbook CDs. Note that not ALL vinyl sounds better (as quality of sources and mastering varies widely between pressings). This is more a function of the mastering than the analog vs. digital format itself, in my opinion, but analog records can sound very good. Analogue Productions and Blue Notes Tone Poet series are good examples of recent releases that sound very good on average and certainly better than CDs I have heard of those recordings. Again, I think this is more about the mastering. I do find that capturing an all analog vinyl release at 24/192 captures a bit of that "depth" or "air" that I associate with a well recorded, and mastered, vinyl record. With respect to the question of why not just listen to vinyl, the answer is convenience and being able to take my music on the road with me.
That said, I have never felt the need to go beyond 24 bit for ripping vinyl. Unlike live recordings, my vinyl system has a limit to the volume it can produce so I can set it up at a standard gain and then normalize the last few db in post. Because the recording has already been mixed and mastered, and the physical limitations of the format, I don't have to worry about a sudden 12 db spike in levels like I do when recording a live show. Because of this possibility when recording live, I will use 32 bit.
Finally, I would suggest you consider recording your vinyl to the SD card and then using the SD card to transfer album sides to your computer. This essentially lets you split your workflow, listening to multiple albums at once if desired, and then moving the files over to the computer for processing. I use vinyl studio pro for normalizing, cutting into tracks and adding metadata. It is not free, but saves me time in my workflow.
Good luck!