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I am currently working on a "first look" review of the UP5000 and there are a lot of 'issues'.
The truth is yes... Dolby TrueHD is capable of 7.1 but at present the 5K isn't capable of it. Nor is it capable of DTS-HD, which makes the player a deal breaker as far as I'm concerned.
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However. Samsung maintains they will fix this in a firmware update that is due to be released in May. If you trust Samsung then you have a winning player.
Samsung has been saying all along that the UP5000 will be capable of decoding TrueHD and DTS-HD internally as well as streaming it through HDMI to be decoded at your AVR.
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Wayde---I am eagerly looking forward to your review.
I had been assuming that this machine would at least stream the TrueHD and DTS-HD audio when set to bitstream mode, and that the firmware update was only required to enable internal decoding and output over the analog jacks. What you just said sounds like it can't even do that much, and a firmware update is required even if your AVR can decode TrueHD and DTS-HD. Is this true? If it is, I have a big decision to make in the next few days. There is still time to cancel my order. But I really
want to trust Samsung, because I don't see any near-term alternative to this player.