I’ve been recording vinyl to DSD128 for awhile now. That’s the best of both worlds. The process has stimulated me to raise the quality of both analog and digital front ends. It has led to more care and discipline cleaning vinyl, and increased precision of tonearm/cartridge alignment(Lyra Etna with Lofgren B for the majority of records!) It’s been a satisfying re-engagement with LPs accumulated over decades, but rarely played in recent years owing to the convenience and continuous improvement of digital. After those records are in the digital jukebox they will be played more often, and eventually, the physical media will be sold off with no regrets.
PS. 16/44.1 is insufficient for archiving vinyl.