If I get a 7.1 receiver and have lossless 7.1 audio coming in from a blu-ray disc but only have a 5.1 speaker set up, how would that turn out? Will the receiver reprocess the 7.1 down to 5.1 while keeping it lossless? Or will the blu-ray disc player (I'm getting a PS3), not output the lossless 7.1 if I have a 7.1 receiver but only a 5.1 speaker set up?
Please educate me