The person who sold me my Tascam 38 pretty much convinced that many have gone the way of digital and have grown out of fetishizing "warmth". I know I certainly haven't "outgrown" it as I'm barely just getting into it myself. I think from lo.fi.love's user name to the amount s/he was considering spending, I feel it adds up to a general picture of what the market's been looking like for reel to reels here in LA, at least.
Well, the name 'lo.fi.love' came about when I was initially doing live recordings on cassette. I've since expanded the scope of my project/money pit/time-sink to include mastering/archiving my recordings on reel tape, and I would eventually like to move to doing live recording on reel as well. All things considered, getting a better rtr deck for my studio would help me make the best use of my assets.
I've been peripherally involved in friends' studios and recording projects for years, but I never had a stable-enough income to buy my own gear. I turn 26 next month (to give an idea of where I am in my life), and I finally landed my first good, steady job at the beginning of this year after working freelance for several years. I've been living on a modest personal budget since then and have been spending about half of my net income on recording/audio gear. It's a dream come true... finally.
That said, I think my timing is kind of bad. I've seen these recorders appreciate in value as recently as the past two years. There's also a growing "buzz" about the older analog gear. I have a very specific reason for doing everything analog, and it has nothing to do with some kind of half-baked notion of analog's superiority over digital. It has more to do with my familiarity with analog audio formats, and with the fact that I find it extremely difficult to understand something that I can't manipulate with my hands.
The other big reason for doing everything analog is that most of the top-of-the-line gear from the past three decades is now affordable for most people to own and operate. Friends of mine have digital studios that cost as much or more to assemble and the end result just isn't as cohesive or "polished" as what I can do on my "outdated" gear. All costs considered, I've spent maybe $2,500 to put everything together, and I have a setup that is extremely capable.
I think the point I'm trying to communicate is that there is a whole new generation of recording enthusiasts coming up who were taught to do everything digitally, who find analog to be a perfectly acceptable alternative. Most of us didn't start recording until recently; if we had started maybe five years earlier, we could have picked up a lot of this gear when demand was lower. The surge in demand that we've created is really driving costs up.
The armchair anthropologist/sociologist/psychologist in me also says that folks of my generation feel jilted by the impersonal nature of our modern digital lifestyle. I think a lot of my peers miss the personal nature of the analog medium. Analog is also more of a DIY format since you can get great results by relying on sheer creativity and cleverness instead of buying shrink-wrapped, expensive, shiny, overpriced equipment and software, and many people I know are pissed off with having commerce and industry dictate how we express ourselves as artists.
Sorry. Half-manifesto there. I really just wanted to respond to the comment that I quoted above.