I enjoy a bit of both. I've been doing rips of my records just to have digital copies of those, but I've also ripped CDs and such in the past just to have them if I want to use them for something. Spotify, although not the highest quality in terms of audio, still gets the job done for me, just on convenience alone. However, I love listening to records on my stereo setup. Something about that pause between sides of, say, Klaatu's Hope or Floyd's Animals allow for you to really let the music set in before you progress to the next side, and the artwork is always a sight to look at.
"Trip Out Beyond 3rd Bardo"