I am in the same boat, but I didn’t spend thousands on my vinyl rig. I have struggled for a couple of years with vinyl. I thought it would be “romantic” in the sense that it is listening the way I did when I was a kid (although CDs and cassettes pretty much took over by the time I was 8 or 9). I thought the sound quality would be better. I thought I would enjoy the intentionality and physicality of having to select an album, put it on the turntable, place the stylus, turn the side, and so on. All of those things are somewhat true, sometimes. But what I hate is the fact that I am on my 4th cartridge and 2nd Phono Stage trying to get things right, that I have had to buy a record cleaner, a stylus scale, a protractor, anti-vibration turntable feet, etc., and that I have had to purchase things on vinyl that I already had on CD, or via FLAC/ALAC, or that I could listen to over Qobuz or Tidal for less than the cost of one vinyl album per month.
So, I have the Nova, and streaming is so simple, and I can listen to a symphony or opera without turning a record over. I don’t have to worry about whether the speed is perfect, or whether the bias is just right to get proper bass response. And the sound quality of streaming FLAC over Qobuz, or FLAC or ALAC from my own NAS, is superb. No pops or clicks, and well-mastered digital music listened to at a high sampling rate doesn’t have the “artificial” quality that plagued many early CD releases and MP3 files. And all of the storage space! I have a problem with too many books and CDs as it is. I don’t need to add hundreds of vinyl albums to the mix! So, I am seriously thinking of removing my modest vinyl setup from my system entirely.
For what it is worth, ripping vinyl isn’t worth it in my opinion, as long as you are able to access those albums on a streaming service. The sound will not be better than the same album streamed or even purchased on a used CD in almost all cases. I have transferred a few old vinyl albums that are not commercially available in digital format (the Buckingham Nicks album comes to mind) as well as a few that my parents recorded back in college with a singing group, and it is a serious pain, even with good vinyl ripping software. Doing that with dozens or hundreds of vinyl albums would take the rest of my life!
And I am not sure where you live, but the last time I tried to get rid of a bunch of CDs the place wouldn’t even take a lot of them, as they weren’t sure they would sell. And on the others I got pennies for each one. So, I would recommend keeping the CD player and the CDs. At least you can use them for coasters!
Sorry for the bit of a rant. I am just pretty disaffected today when it comes to vinyl, as last evening the suspension collapsed on a stylus I recently purchased when I was trying to listen to one of my favorite albums. Sure, I can probably get a refund, but with streaming, I don’t have to worry about that kind of thing!