At their best, a good analog FM signal fed to a top notch tuner beats this plastic thingie.
Trouble is, that's almost impossible to find nowadays. This little Sony and HD easily falls into the top 10% of FM tuners I've listened to... and that's normal FM. The HD is slightly compressed, but not really noticible, and sounds better than most regular FM broadcasts.
All INHO, of course, and YMMV.
P.M.