We compare the demodulation performance of an analog OTDM demultiplexing scheme and digitized OTDM demultiplexing with an ultrahigh-speed digital signal processor in a single-channel OTDM coherent Nyquist pulse transmission. We evaluated the demodulation performance for 40, 80, and 160Gbaud OTDM signals with a baseline rate of 10Gbaud. As a result, we clarified that the analog scheme performs significantly better since the bandwidth for handling the demultiplexed signal is as narrow as 10GHz regardless of the symbol rate. This enables us to use a low-speed A/D converter (ADC) with a large effective number of bits (ENOB). On the other hand, in the digital scheme, the higher the symbol rate becomes, the more bandwidth the receiver requires. Therefore, it is necessary to use an ultrahigh-speed ADC with a low ENOB for a 160Gbaud signal. We measured the ENOB of the ultrahigh-speed ADC used in the digital scheme and showed that the measured ENOB was approximately 1.5 bits lower than that of the low-speed ADC used in the analog scheme. This 1.5-bit decrease causes a large degradation in the demodulation performance obtained with the digital demultiplexing scheme.