No, it's true, they sound way better, and I never owned a record until the 2000s. Even without the Loudness War (google it) they are much better. Plus you get the correct side-breaks, which is kind of how widescreen is to movies. But you usually have to put up with some degree of pop and hiss, which is something CDs overcame.
The closest comparison to a typical record is stuff like DVD-Audio and other basically obsolete formats.