I still prefer CD. Takes up way less space, costs way less, doesn't scratch or warp as easily. Still, Vinyl is a very cool format. I'll pick up a vinyl record if it's at a cheap priced used at a record store. Thinking about ordering a vinyl record for like 10 dollars from a band I like, but I'm not kidding when I say I have no space for this stuff. I have one book case where I keep my CDs, they fit there and that alone is a miracle.
But yeah, in this modern day of digital media where it takes up 0 space and doesn't even require you to buy it, physical format has become whatever the listener desires. It's really more of a matter of the taste of the consumer, whether they find cassette, vinyl, CD, or whatever appealing. In the end it's just gonna sit on your shelf. I do prefer physical format over mp3 when purchasing because I actually like to have something physical that I can touch for the money I spend on it. It's a nice feeling to possess neat albums and hold them in your hand.