The first thing some of my freinds do who are addicted to their Vinyl is making asap a digital copy to preserve the quality. When listning to the Vinyl or digital copy in a a/b comparison we realy could not hear any difference.
I'm not motivated to make digital copies of my vinyl because that somewhat defeats the point in terms of my vinyl experience.
By turning a vinyl LP into a digital file I ask myself: If I was going to listen to a digital file...I'd just listen to digital files. The point of my having physical LPs is that it adds to the experience of the listening and having a music collection. I could think "Well, vinyl degrades so why not make a digital copy now while it's in the best condition?" Again...same problem. By that criteria, I may as well digitize every LP and only listen to the digital files. Which doesn't provide what I get from the real thing. And I find vinyl doesn't degrade appreciably fast, at least as it concerns my experience.
I've played very old albums that still sound terrific, and have spun new albums many times and don't notice degradation. So it's not a compelling reason for me to bother digitizing.
Again, that's just my own rationalizations for how I go about things, not that digitizing vinyl isn't justified for other people.