OK, I have time to address another one:
There is NO option of using HDMI audio into a processor such as Vanatage-HD then using SPDIF/Toslink out since the HDMI/HDCP rules mandate that we can be fined up to $8M if we give you that very useful feature.
First of all, a source device is free to have SPDIF/Toslink outputs in parallel to HDMI. You all know this if you have HDMI-enabled source devices right now. In fact, I bought my folks an HDMI-out DVD player and ended up using the SPDIF output for audio.
But more importantly, this guy is confused about something rather critical: S/PDIF is incapable
of carrying most of the high-resolution formats being used in HD-DVD now. In particular, there's no way it can carry uncompressed multichannel high-res PCM. S/PDIF goes up to 192kHz, but that's just two channel, not 8. You could do it with multiple ganged S/PDIF outputs I suppose.
So if HD-DVD and Blu-Ray were going to deliver high-resolution digital audio out, they were going to need a new transmission standard as it is. S/PDIF is simply can't do it. I suppose you could argue that they should have just developed S/PDIF++ and left the audio separate from the video; I certainly wouldn't have minded that. But you'd still be swapping out your processor either way.