Happy New Year, everyone.
Dave, your points are well taken. We are obviously on the same side of this issue (and many others). I was more worried about non-experts (including administrators) thinking that digital (even with high-quality drives) is cheaper than analogue.
The analogue preservation world has plenty of horror stories
and the one recounted by Richard surely will not be the last of the horror stories from the digital world, even with supposedly "perfect" systems.
There is no question that luck also plays a part.