Yes...I agree with your general point! It's entirely rational to consider the effects of cognitive bias in our choices.
Though note that the wine example involves some deceit. If for instance people are given a cheap wine, but told it is rare and expensive, it creates false beliefs in the individual which, yes can influence their perception. But it's important it's a false belief, and it's still reasonable to care about true vs false beliefs, and distinguish them.
On that note, I think we should be careful about implying that all the reasons one may like vinyl involves self-deception, or a misunderstanding of reality. For instance, when I find looking at and holding a record more satisfying than flicking through songs on my iphone, or that I find my turntable a more compelling and interesting object to interact with than my black box DAC, I am not deceived about that experience, in the way suggested in the wine example. It's more like "I enjoy chocolate ice cream more than vanilla, so the reasonable thing is for me to order the chocolate ice cream."
Yup. The experience matters. And remember that, even among the cohort that sometimes spins vinyl, some people will get more pleasures out of it than others. So for instance, one person may like spinning vinyl as a sort of nostalgic experience, though generally doesn't like the physical hassle of vinyl and doesn't play it much. Where, what is a deficit to that person may be a value to another, who enjoys the physical aspects and "demands" of vinyl.
(For instance: I loath having to align my cartridge, and do it as rarely as possible, but some positively enjoy it!)
. It does not have to cost ten's of thousands of dollars to play vinyl and the reality is vinyl as a hobby has paid for it's self with the increases in prices for both TT's and especially LP's. LP's and TT's are not the same thing as cables and power cords.
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