I think analog vs digital is pure preference. Personally, I listen to very few LP's nowadays. Digital is so good, circa 2010, that I consider LP "dead."In fact, I considered it offcially "dead" in 2007 when I compared 2 high end turntables (one around $8k, the other $22k) to a $10k digital front end... And preferred the digital. Back in '03 when I first starting taping 24 bit, I found only one DAC that could derive real benefit from high bitrate... dCS. Now, you can get that, and smooth, natural sound, for a fraction of $10k.
I have a friend who completely disagrees, and has about $15k invested in his vinyl front end. S'ok with me.
That said, the second link posted is by far the most important of the two. Compression in terms of dynamic range is a completely different thing from lossy audio compression (which I am sure you are aware). And far more serious, as this means that ANY source, high bitrate, DSD, 16/44, MP3... Will all sound equally crappy. For me, this manufests itself in "tiring" listening and a lack of natural feel to a recording.
For kicks, try picking up your SPL meter someday while you have a conversation with someone--just talking is at least 15db in dynamic range. Now imagine a whole CD reduced to 3-6db... No wonder it sounds unnatural.
Pierre Sprey from Mapleshade knows how to make a great recording, and uses far less compression than most anyone else in the industry. Too bad the music is often so-so...