Vinyl or wait for the new stuff??

I was wondering whether to dive into the world of Vinyl or wait for the new format to settle. You see, I have not listened to vinyl for more than 20 years now. I have all rated A equipment and cables and good collection of Audiophile and not so Audiophile CD. Recently I have been thinking of taking a dive into the world of Vinyl. However, knowing myself, I will not be satisfied unless I get some highend stuff which will cost me some serious amount of money. Not to mention that I have to start my collection of software. So my question here for you guys who want to help. Shall I make the move or just wait for the SACD/DVDA ? your input would be much appreciated.
Thank you all for sharing your thoughts with me. I really appreciate the fact that you guys take some of your busy time to put down your thought for me. It is great. SO I have decided to just enjoy what I have and stay with digital. Craig, your words hit home. Once again -to all of you- thanks a lot for saving me some $??K.
Before you resign to second best, attempt cajoling a dealer into an audition. Once you hear the warmth, depth and tonal accuracy that is achieved with a great vinyl rig, going back to the digits will be tough. Very, very expensive to achieve top end in vinyl, though. The argument of diminishing returns is nearly always valid, but squeezing the best from your listening material takes some of the best in equipment. I have nearly 1800 records, itle in comparison to some, but more than enough to continue the enjoyment. Pops, ticks and all
Siddh, thank you, but I think I just wait for the new formate. enjoy your LPs and thanks once again. Mohamed
As part of the younger generation (I'm 20) I've spent most of my life with digital. I've put together a wonderful system with a Levinson digital front end. I must admit I thought I was in sonic nirvana until curiousity got the best of me and I got out my mothers old Dual TT and bought a cheap NAD phono pre. While my analog setup is hardly resolving compared to what I'm used to, there's just something there that's just right. It was because of this that I asked the question, vinyl or SACD? I have yet to audition SACD because alot of the dealers whom I have yet to make a major purchase from don't think it's worth thier time to demo equipment to a "kid." Alas, if I had the money I'd jump into vinyl, but I don't. The new formats seem promising from what I hear (from others). I think I'll just wait and see how they turn out.
The sound quality of vinyl is never going to happen with digital,but the commitment must be there to get involved with vinyl,I did and will probably sell all of my vinyl related equiptment.