I just picked up myself a new reciever and it supports all the latest audio codec including DTS Master, Dolby TrueHD and PCM... all I can say is it's awesome and I love it!! Audio sounds louder, clearer and can hear every little detail. Almost all exclusive Blu-ray movies has lossless audio while only a few has it on HD-DVD. Even Transformers and Shrek 2 doesn't have lossless audio and those are two blockbuster movies. I hate the fact that most Warner movies doesn't have lossless because of HD-DVD's limitation. I hope Warner goes exclusive soon because I want all my BD movies to be in the highest quality possible!!