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The default answer always is the OPPO. OPPO BDP-83 retails for $500 online. There are many audio reviews on the BDP-83 and the newer BDP-83SE
I just got a panny bd85 blu-ray player which has analog outs for 5.1, the analog should sound much better than audio passed through HDMI
Anyone know is these Yamahas are real, fakes, or gray market, from seller "usabargaindeals"?http://cgi.ebay.com/Yamaha-Dvd-s2700-Dvd-Player-HDMI-1080p-HUGE-BARGAIN-/280537920068?pt=DVD_Players_Recorders
Without this HDMI audio capability you'll be limited to hearing only the downconverted output over the optical Toslink connection. DD+ or TrueHD signals are decoded and converted to PCM in the player. This PCM signal is then re-encoded as a 1.5 Mbps DTS bitstream, which is then output over the Toslink connection and decoded yet again from DTS to (ultimately) analog by your AVR or pre/pro. This is bad news for those who are still without a DTS decoder in their AVR. They'll be stuck listening to downmixed analog two-channel output from the legacy RCA jacks.