We are on our third run of tapes now (50 each). Chrome-Oxide tapes can sound surprisingly good.

Our main reason is that people want to buy music at gigs and just offering solitary paper sheets with download codes doesn't really work. A tape is tangible and (for our audience) sexier than CDs and with the download code included many buy the tape even without having a suitable playback device as you observed as well.

For musicians tapes have the advantage that you can totally DIY them much easier and with less up-front cost than vinyl. And they rake less space and weigh less.

Vinyl starts to get economic after after 150 or 200 pieces depending on the pressing plant.

Yeah, but just for the records (what a play of words), Type I (Ferric Oxide) in good quality and recorded with the correct bias settings can also sound very very good. It doesn't need to be Chrome-Oxide. All the larger studio tape reels were Type I.