My only issue with vinyl is that the vintage pressings have skyrocketed in price. I used to be able to find super cool records for less than $10 a pop, and now they're all insanely expensive if they're in NM condition.
Being a college student, I too really love the digital download card option since I don't bring my turntable with me to school. The bands who really do it right are the ones that allow FLAC downloads as well when you buy the vinyl. Agalloch did that with Faustian Echoes, and I believe QOTSA did that with Like Clockwork too.