ndnik
Established
There is no discernible IQ difference between small format film and APS-C and up sensor-sized digital at this point in time. None.
Digital trumps color big time in low light color, technically.
Why do you assume everyone chooses the medium he uses based on technical image quality alone? I think technically digital has surpassed small-format film years ago. I agree with you here. The only exception may be dynamic range and highlight separation. But I don't care about technical image quality. Good enough is good enough. The rest is aesthetics, and that is where the heart of photography is.
-N.