Actually no thats not a good analogy, since the remastered versions on CDs would be much higher quality than the original albums (no scratches, ticks, and pops, and much better sound quality). In the case of Neo vs. Emulators, it is most people's opinion that the original version (Neo) is the best.
Actually Chimp, you could make the exact same argument for Neo vs. next-gen shit...
'Actually, PS2, XBox and GameCube are much better looking and sounding. Neo-Geo stuff is really old, really expensive,terriblylow-res and the music and sound fx sound like an old Casio keyboard. Go with the new shit man.'
I work in a large store where besides videogames and books we offer all manner of music media, including vinyl. You be shocked if you knew the depth and severity of vinyl freaks' devotion to that older, warmer sound. These are people who buy the old, $2500 radio-tube amps and $700 turntables to get what they believe is a truer, better sound. Doesn't this line of thinking all sound familiar? Honestly man, I don't think you can draw a better analogy to what we are in pursuit of as Neo fans. It can't be explained to anyone other than those just 'feel' the unrivaled quality of they believe is still better than the newer technology. And yes, it comes with a very hefty price tag.
There's also still TONS of music that is only available on vinyl. It's just one more hardcore hobby.