Lucky dog. I'd love to have one of those. Not for audio though. It is a great DVD upscaler for video using the anchor bay chip. My Oppo BDP-83 had the anchor bay chip and dvd never looked better. When I bought the 95 and sold the 83 I was disappointed with dvd upscaling. The 95 is good, but the 83 was fantastic. Having a large DVD collection, I'd love to find a 981.
As far as audio goes, you can do both. The player will do both. I tend to stick to SACD, more titles are available. I do buy high resolution titles from HD tracks and a few other places and can burn them to DVD-audio, which I do kind of as another backup. Try it and see if you like them.