From my own personal experience, I think that vinyl has a lot to do with the resurgence of quality audio. I remember playing some music for my sons (music which they had already experienced in low-bit MP3's), and their response was overwhelming. Things like, "So big", "So clear", and "I never knew those instruments were even in there" were their unsolicited reactions. I believe that, given a choice, they would all choose lossless formats. I also believe that too many are unaware of the alternative.