>>And, as LJ said, the HD disc players decode from the disc and send out a multichannel uncompressed analog signal that by all reports is incredible.<<

That's incorrect - HD disc players CAN decode HD audio but will send it COMPRESSED via analog and you lose the whole point if you ask me. Does it sound good? Sure! But the ONLY way to get TRUE HD audio is via HDMI ver. 1.3a which is now available. My new Sony S500 Blu-ray DOES output true uncompressed HD DTS and Dolby (one of the first players to do so) and the ONLY way to get the full benefit is to connect it via HDMI to a AV receiver that has the capability to decode it (and those are also just now available). So much for the "no need for HDMI 1.3 because no compatible formats" eh? It's here, it's NOW and the difference is amazing - go hear for yourself!

Have FUN!

G