For another perspective, here is a link to an article that Jim Smith wrote in The High Fidelity Report about the limitations of the analog medium. It's an interesting and perhaps thought provoking read:
http://thehighfidelityreport.com/big-wheel-keep-on-turning/
There are some problems with this article that should be addressed. In effect, it is promulgating some mythology.
Here' some of the text with clarification:
3) You never see mention of the varying eq in the high frequencies as you get further into the center of the LP. In other words, cutting requirements may require a subtle (or sometimes severe) change in high frequencies as the stylus gets nearer to the inner grooves.
The reason you don't see this mentioned is it does not exist. The same EQ is used all the way across the LP. IOW this statement is flat out false.
4) Sadly, no engineering breakthroughs have occurred that significantly reduce inner groove distortion – it’s simply a part of the vinyl LP package.
This is incorrect- just talk to anyone with a straight-tracking arm.
5) You do know that no two phono cartridges sound the same, right? Question – is the one that you own the best of its breed? Have you compared it to other cartridges of the same manufacturer and model number? Just asking… ?
I have done something like this. Here's an interesting fact that came out of that test: the ability of the arm to track the cartridge properly is far more important than the cartridge itself! IOW this is pretty much a red herring. If you can set up the cartridge in the arm such that nothing can make it mis-track, you will find that to be the most important aspect of the sound of the cartridge. After you have done the setup make sure that the cartridge is loaded properly. Some phono sections are sensitive to RFI and the loading will be more critical.
6) The varying thickness of LPs will mean that you often will not be playing your LPs at the optimum SRA. Are you going to readjust for every record, or simply live with the resultant degradation in sound?
The fact of the matter is the SRA is not that critical. Why? When the mastering engineer replaces a stylus (they go for about 10 hours) the cutterhead has to be set up all over again- cutting depth, cutting pressure (similar to tracking pressure), alignment, setting up the lead track ball (if there is one; we use a Westerx 3D so there is); out of all this the actual cutting angle is never exact, its always pretty close. So even if two LPs are the same thickness the SRA could be different anyway.
7) As someone who has made hundreds of master recordings, both 30 IPS analog and digital, to say that analog LPs deliver the music powerfully is to say that I have never heard a master compared to the commercial LP. The tape master makes the LP sound broken – lacking in dynamics, tone, & presence. No turntable at – any price – can bridge the inherent gap between the master tape and the mastered LP. It is HUGE – and even that comparison assumes the use of a correctly set-up turntable/phono-stage rig.
Sounds like he's working with poor mastering operations. Really.
9) One more mechanical that can sometimes be addressed would be the variable ratio of moment of inertia of the counterweight and cartridge (when the option is available).
What is more important than that is having the bearings of the arm in the same plane as the LP; failing that using a counterweight that has its mass below the arm tube.
10) The areas that seem to consistently benefit from a bit more work are phono cartridge loading, vertical tracking force, VTA/SRA, and anti-skate. I do NOT feel that gauges can get this job done – you need to LISTEN to the effects of all of them. And they are inter-related – as is room temperature.
You can easily set up loading with a square wave generator and an oscilloscope, but in the case of LOMC the loading has no effect at audio frequencies anyway. It has a big effect at Radio Frequencies. Some preamps are sensitive this way and others aren't. If they are not sensitive to RFI, loading will have no audible effect.
12) Need I mention LP surface noise?
As I mentioned elsewhere in this thread, design of the phono preamp can cause the unit to emphasize ticks and pops. IOW not all phono preamps do. If you have one that is designed properly ticks and pops are profoundly quieter. Add to that how silent the pressings are coming from QRP and surface noise just isn't. The phono preamp and the source of the recording itself become the actual noise floor.
The way QRP did this BTW was to modify their pressing machines to not shake and vibrate as the vinyl is being pressed. Seems like a sensible thing to do but before they came along no-one ever did that! Why take your machines out of service when they are always busy? But that is what QRP did and it paid off in spades.