Originally Posted by jdc115
I thought it was the other way around on the PS3, that it can only decode and transmit Dobly TrueHD as multichannel LPCM and not Bitstream.
Yes, that is true. Wit ha firmware update, the PS3 can decode internally the TrueHD and DTS-HD formats and output them through HDMI via LPCM. SACD audio can be passed via HDMI 1.2 or higher, but as PCM as well, not DSD. The only player I know of that currently outputs bitstream TrueHD and DTS-HD is the Samsung BD-P1400.
There are several receivers on the market now that have HDMI 1.3 and support for the new sudio formats. Yamaha, the new line of Onkyo, I believe Denon and Marantz as well as possibly NAD.