For me it's been a chase for fidelity.
Choices, choices... I value excellent sound in my listening room. I can hear excellence in reel-to-reel at 15ips. I can hear excellence in high resolution digital (in the past few years). My question has always been: do I try to add really good quality sound by adding more sources or by staying with a single source media and trying to build a system that plays that media at the highest level my budget will allow? I used reel-to-reel in college, but it was 7 1/2 ips and my source material was largely dubs off of others' systems so I'd have some music in my dorm room. Some of the commercially available tapes were pretty good, most were pretty bad. FM radio was mainly my source in those days.
As I was able to invest in a decent turntable, I started buying more and more vinyl in the 70s and 80s. When CD came out, it just didn't sound right to me, and I feasted on buying vinyl as people dumped LP collections and distributors unloaded stock. SACD finally arrived in better sound than CD, but in limited availability; it still didn't sound as good to me as vinyl. Plus, by that time I had several thousand LPs. And, vinyl reproduction technology was continuing to get better and better - the turntables, arms, cartridges, electronics. So, choices, choices...
I stayed with vinyl and upgraded my record playing equipment and bought more LPs.
Now high resolution digital is getting much better than digital was once upon a time. For example, really good DSD playback finally equals good vinyl reproduction, in my estimation. And we also have reel-to-reel making a resurgence in 15 ips one-to-one dubs from master tapes that are outstanding; but at very high cost per piece of music.
At this stage, I think I won't switch from LPs until I'm forced to downsize to other living quarters. With over 6,000 LPs and pretty high quality playback, I've been gratified to have stayed the course optimizing for a single source media with the funds I can devote to in-home music listening. For me, it's been better to play just a single media (LPs) at the highest quality I can achieve within my resources, than to have a record player, CD player, SACD player, tape deck, high quality D-A gear for streamed media, etc.
I do wonder about the next stage when I downsize accommodations. My spouse, fortunately, also values high quality sound reproduction. But she's already given notice that downsizing means eliminating the LPs. So, I can see streaming digital somewhere on the horizon. Just hope its still 20 years down the road!
Good listening to all.