That depends on the DAC and phono preamp you are using. I build a DHT DAC that outperforms most high priced analog set-ups. I also build a DHT phono stage that makes analog just as good maybe even better. You cannot make a general statement like this. Since I make my own gear including DHT preamp and I am able to demonstrate it in many other systems, do I can hear what most of you are hearing from both sides. I personally use digital for convenience and the DHT DAC sounds amazing, too close to call and I don't have to clean records and set-up the arms, etc. I also use a CEC transport that makes a big difference in the sound of my digital set-up. It is a step down without it.
Happy Listening.
Happy Listening.