I wish.... No, HDMI is set to [Auto]& it was the first item on my list.
Yes, it does.
On the device side, …smp2 has only one HDMI audio setting [Auto] or [PCM] no option for [Direct], on Netflix side…there is no [DD+/subtitles] or audio setting option within Netflix-App that I could find.
Smp2 seems to bitstream/decode audio from each prime channel differently, Vudu for example 5.1DD+ via HDMI &2.0 PCM over optical… Amazon 5.1PCM via HDMI & 5.1DD over optical. As long as HDMI audio setting is set to [Auto] & not [PCM].
From my experience w/Netflix II on other Players , Netflix keeps [DD+ along w/sub] within its App, actually I’m not a Fan of that! (w/exception of ATV2 5.1 DD).
When I saw “DD+ logo” on the device, few weeks ago, my first impression was Netflix II !! Hopefully an update is around the corner! Since ATV2 has been supporting DD for quit sometimes now & Sony site compares smp2 to atv2!