Cassettes had many practical disadvantages, of which the worst, perhaps, was any catching or sticking resulted in a horrible job removing the tangled mess from the machine. The tape, thereafter, of course, was good for nothing but the bin. They had their MP3 equivalent too: the thinner tapes (C120? There may even have been longer ones) were used by those who wanted to cram as much as possible into one cassette, The tape was thin, so that it fitted, and was subject to stretching and instability. As
tape went, it was too thin and too slow for high-quality recording. It did not have the dynamic range of vinyl (which actually served to make the recorded scratches a
little less painful. Theoretically, it was never highly thought of, compared to vinyl.
However, I do (and have) agree with you that it wasn't
that bad. Another practical advantage was that, even after CDs became established, it was cassettes that many played in their cars.
Of course, tapes were a commercial source of music, and were played on many machines ranging from those barely able to reproduce different pitches to serious equipment. However, vinyl ruled the roost. It was king; the music lover (even the stoned hippy, let alone the classical music lover) had a turntable and a
record collection. I know there is no need to explain the significance of that to you, as you are probably as much in love with your LPs and the experience of playing them (maybe more so) as we were 40 years ago. The medium was (ok...
is ) an integral part of the experience. LPs (not called "vinyl" then)
were the originals, like comparing paintings to prints. The deck was the primary purchase, and only those with cash to spare splashed out on tape (while the rich, as I mentioned before, cosseted their "proper" tape recorders.
I'm not sure when hifi tape decks (rather than portable machines of dubious quality) came into my life. It may have been when I first lived alone (without, obviously, access to anybody else's sound system) that I
had to go out and buy --- and I included a tape deck. It was augmented by a portable (well, lugable) but good 3-head machine and eventually replaced by a 3-head deck. Much, much later, a top-of-the-range walkman became a commuting companion, later to be replaced by minidisk, a digital format that was far better than tape, but another of Sony's mismanaged marketing exploits.
We did know that records wore out. We had lived with 78s, which could wear out quite quickly, and we did keep our LPs relatively clean, and our styli fluff-free.
vinyl ... considered as a reference for music playback by a significant number of audiophiles.
It may be considered a reference by a significant number of its fans. That is a point of view. Again, I say, you like the vinyl sound and the vinyl experience: that is entirely valid, but it does not indicate that vinyl is a truer or better reproduction of the performance.
Cassettes superior to CD? Sorry, but ... no.