I ripped this off of Dolby's website (click here to read the full page).
Let the speculation begin! What I really don't understand is that A/V receivers with HDMI in the back can already decode "Dolby TrueHD"? What does that say about the processor chip? No work? Just pass it on to the DACs? Will we have a 'bypass' mode where you can skip the processing and just decode the signal straight to the DACs? Makes you think twice about wanting to upgrade your pre-pro, eh?
Dolby TrueHD allows owners of current A/V receivers equipped with Dolby Digital decoding to experience a significant improvement in audio performance when they connect their receivers to a next-generation optical player that supports Dolby Digital 640 kbps output. Consumers who own a receiver equipped with multichannel analog inputs will be able to experience the superb audio quality of Dolby TrueHD, coupled with the expanded capability for full 7.1 discrete channel playback. For the ultimate Dolby TrueHD experience, consumers who recently purchased the latest A/V receivers with HDMI(TM) inputs can experience lossless 7.1-channel playback via a pure digital connection.
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