Comparing film and digital photography is like comparing apples to oranges. Film has its purpose and so does digital. These days, the quality of a digital image has been perfected to such a point that it's impossible to ignore the medium as a working photographer. Film, on the other hand, has a rendering quality that stands out from the rest. A lot of professional photographers still use this medium for their personal work, and it shows. Below, I've highlighted a few pros and cons of each medium; you can decide which one is right for you.
Digital Photography has been perfected to a precision. The images a digital sensor pumps out are done with a machine-like perfection. Crisp, clean, and consistent. People argue that film has a greater exposure latitude than digital, but I don't buy into that argument. If you shoot your images in RAW, there's a wide range of error correction before any major film quality is noticed. Digital color is marginal, at best. Tweaking the colors on Photoshop can help, but it can never render them the same as film. Lastly, without getting into details, digital rendering of highlights is not good; digital, however, captures shadow detail nicely.
Unlike Digital, film's ability to capture light is unpredictable and often imperfect--its biggest strength in my opinion. These imperfections give film a wonderful look and feel that's hard to explain in words. Secondly, film captures depth and color much more vividly than a digital sensor. If you ever have wondered why some people's photo have so much depth, most likely they're using film. Film has its drawbacks, however. It's expensive, more time consuming, and learning it takes a lot of effort. It makes economical and practical sense why almost all of the non-professional, and even professional world has moved away from film.
A SIDE BY SIDE COMPARISON
Excusing the informality of the two photos below, see if you can pick out which one is produced digitally and through film--I think you'll be able to. Both work, but, personally, I like the rendering of one better than the other.