There seem to be a lot of conflicting stances in this thread, and I think the point is getting lost.
I don't think that anybody is saying that label X is stupid not to release digitally because they're missing out on money / fame / kudos / whatever. The argument is that by refusing to release digitally you're essentially flipping off the vast majority majority of people in the world who don't own a set of decks (or even a hi-fi turntable for that matter).
It's a vanishingly small minority of people in the world that even have vinyl listening facilities, much less buy vinyl with any regularity. So are you saying that most people don't deserve to listen to your music? If they really cared they would save up and get some decks?
I dunno, that just seems like an odd attitude to me.
I totally get where Martin is coming from - he makes music for himself; the finished product is an end in of itself; there is no drive for profit - and I totally respect that, but I don't think this is about maximising revenue or compromising ideals. It's about not excluding most people from what you do.