Like everyone else says... Vinyl is better for DJ'ing (for most people, at least), and digital is easier, more resilient, and usually "clearer."
Remember, though, that CD's peak at 44,100Hz, whereas vinyl is (theoretically) infinite... so, assuming the source material is kept at a higher resolution than 44.1kHz, vinyl can definitely sound BETTER than CDs. But so many people are lazy and/or cheap, and record at 44.1kHz, that this is kind of rare. Also, the differences are very subtle... similar to the difference between mp3s running at 160 and 256 kb/s.
So my answer is this... day in, day out, DIGITAL. However, not CD's... but high quality mp3's. This may sound odd given the previous paragraph, but the versatility of mp3's is astounding. With over 500 CD's, just searching for the one I want to hear is a real drag... And it's impossible to have them in more than one place at any given time. With mp3's, you can have one copy of the file on your computer (streaming to the living room stereo, if you spend $200 on the device), one in your iPod, and one in your car (or just hook your iPod up to your car stereo)... without having to copy any CD's.
Rock on.
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