At what price does a basic analog set-up (pre-amp, tone arm, cartridge, table) sound better than a similarly priced CD player?

I think that if I had $170 to spend, the latest Oppo multi-format player would sound better than any analog set-up I could put together. Give me $1,000 and I could put together an analog set-up that would easily beat a $1,000 CD player.

So where's the tipping point? And what would that analog system look like?

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