I think the sad fact that musicians can actually make money on vinyl is the main reason it has returned. There is nostalgia for sure, but also a real object that you can buy and very good quality sound. A 24 bit FLAC file is of course equally good or better as you will have less noise and also an easier interface...

I still listen to records quite often. I like that the record or concert is finished and then there is silence or a click, I also don't have all the music as CD or file so if I have to choose between lossy Youtube and an LP I prefer the latter. But most of the music I buy is digital these days.