Yes, there is a resurgence of interest in the LP. I feel sort of vindicated in a way. My father--and possibly others who knew me over the years--thought I was nuts hanging onto vinyl. And now vinyl is back, and CD is apparently moribund.
Interestingly, I was told that the LP version of a new release is often better than the CD. Two factors:
1) CD is locked into the standards of 1982. However, digital recording can now be done to a higher standard, and those masters can be used for the LP version, but have to be converted to the lesser CD standard.
2) CD version may see a lot more processing so it'll play just fine for what the mass market has/uses. E.g. a stock car radio, or a portable player that cost $7 and was made by a company no one has heard of before or since. A less processed version, however, will likely sound a lot better when played on a decent system.
I actually had a chance to hear a comparison of three digital files recently that helped illustrated point #2. Same basic recording, but different points in the recording chain. I can't remember the specific terms/labels, but basically it came down to: almost straight from the microphone, basic edit, and the final edit before mastering the CD. The sound quality loss between the second and third edit was dramatic.