Hello, Forum! Is This All Connected Correctly?

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Hi, Everyone!

New member here who wanted to first convey greetings to the member base, and also ask some questions about my setup...

I am wondering if I have all this connected correctly; a Panasonic DMP-BD10A first-generation BD player is running HDMI OUT (only; no other connections coming from the player -- no digital coax, optical or analog) to an Onkyo '605's HDMI IN (port "1")...another HDMI cable is going from the Onkyo's HDMI OUT to a Sony SXRD display's HDMI IN (Video "6")...that's it, no other connections (aside from speaker cabling, of course).

Now, ALL audio AND video passed from the Panasonic is going over this one HDMI cable out of the player and into the Onkyo (for audio processing and video pass-through) -- that includes DVD AND BLU-RAY video (1080p video from BDs and upscaled 1080p DVD video) AND all digital audio formats, including DVD's Dolby Digital and DTS, plus decoded multichannel PCM for TrueHD soundtracks (the Panasonic does not bitstream TrueHD). Is this all connected right in order for ALL video and audio to pass from the Panasonic to my receiver, and then video off to the TV? All settings in the player are correct -- I have set the HDMI resolution output to AUTO, so my SXRD display sees 1080p from the player, and HDMI VIDEO and AUDIO are both "ON"...

But with this setup, will the video pass through the 605 without any clipping or degredation, being that it's not connected DIRECTLY to the display? Does anything need to be "set" inside the 605 aside from HDMI MONITOR: YES and IMMEDIATE DISPLAY: OFF in order to "tell it" to pass video straight out from its HDMI OUT?

And is it fine to allow ALL video and audio to pass over one HDMI cable from the BD player as I'm doing? Legacy Dolby Digital/DTS and the multichannel PCM of TrueHD signals can all pass over HDMI, correct, along with all the video from the BD and DVD as well?

I have more inquiries, but I think this will suffice for now...if anyone can assist with some insight, it would be greatly appreciated. Thank you in advance!