ooheadsoo,
I think that is what the JVC does. It runs 5 full range signals (no crossover) giving you up to 5 full range channels by setting the speakers to 'Large' room.
As I understand it, this will mean for those that have bi-ampable 2 way speakers, the JVC can be used for them. 100 watts x 4 or 5.
Maybe I'm missing some info that is just not clicking in my head right now, but I think the JVC can drive 4/5 channels, with 100 watts each of non-delayed, full 20-20kHz full range signal.
You would select 'DVD Multi' to do this. It seems further that the Surround L and R (and Center if you need it) can be individually adjusted to match outputs of the 'Main' channels in the DVD Multi mode. So, if for instance, your tweeter is considerably more efficient than your woofer (common), you have up to 10db cut or gain to match the levels.
I have a pair of 2 way speakers here (modded RatShack Optimus LX-8's), with 4 channels needed, but I can only run them active and don't have a 2kHz crossover around to check it out. So I can't check this out to see.
I previously used the Norh MultiAmps to drive them in active state.
In the notes section, on page 31 of the manual under 'Using the DVD Multi playback mode' it says:
When you select DVD/Multi as a source to play, the selected Surround/DSP mode is cancelled, and the Surround button does not work.