I got ratioed on this post, which is kinda fun. Hasn't ever happened to me that I can recall.
On one level, I don't agree with you. The ritual of playing records is a real thing. And folks should enjoy what they like.
On another level: yeah.
A record collection is an art collection.
That's okay, though.
I've had both. I prefer my art collection cause it weighs less. Neither are worth anywhere near what I put into them (my musical instrument collection is nice cause at least it keep in line with inflation).
Where I really agree with you: sterophile audio equipment ain't really much. That's different that a record collection though. Most of my record friends have old deep cuts and are playing on $300 players.
If it helps, there was a time around the first decade of this century when you find really, really cool stuff for, like $2/album. It used to be hella cheap to be a record collector.
Now though, especially if you factor in the audiophillic tendencies you point to, it very much has little to do with the medium and much to do with the milieu.