The background to this question is that I'm thinking of getting an Oppo BDP 95 because of its quality as an SACD player as well as a Bluray player. Here goes:
If I'm connecting a source component, ie, a bluray player, via HDMI to a receiver, is it correct to say that:
-- the audio signal is emerging from the player as either PCM or DSD
-- and that conversion of the PCM or DSD output from the player to analogue therefore takes place only in the receiver
The reason I ask is that the Oppo that is highly regarded for its ability to playback CD and multichannel SACD material very very well.
The hitch is that my multichannel AV receiver does not have analogue inputs -- just digital.
The conclusion I have reached is that spending money on a highly capable source component is pointless if the only way the amplifier can receive the signal is via HDMI. The reason is that the HDMI can move only the unprocessed digital PCM or DSD signal from the player to the receiver. Hence conversion to analogue is carried out by the DACs in the receiver, which are inferior to the DACs in the player.
Am I correct? If I am then I've probably got to separates, ie, a surround processor with analogue inputs and a multichannel amplifier. Combined with the new player I am considering, this adds up to big bucks...
Thanks for your patience.