I'm a DJ at the local circuit bar here in the city, and I have a TON of vinyl, record pool stuff... Most of it - full 12" singles with the dance mixes, but do have a few albums...
But yes, vinyl does sound better. The bass is much deeper. It just all depends on what music you are listening to. Digital music will sound better with a digital format, but will never match the bass felt on a vinyl record. So if you're looking for a lot of bells and whistles, electronic bleeps and such (techno/trance), then cd is the way to go - but for the bass felt in classic rock, house music, etc - vinyl is awesome.