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Just to update:
Yes indeed HDMI carries 5.1 to my Pioneer home theater receiver, no extra cables needed.
Got a cheap (under $100 off Amazon) Sony Blu-ray plugged via HDMI to Pioneer receiver plugged to Samsung 51" Plasma ($600 at Costco) via HDMI.
Long story short, have kicka$$ HD and surround in the living-room.
Wife even begrudgingly admitted it looks great.
Thanks for all the input.
PS: To add, as far as I can tell the plasma looks as good as a LED, the shiny flat surface does get a lot of glare but most of our viewing is at night and we plan on mounting it on the wall at an angle in the corner.
__________________
Gary Fisher 29er
2019 Kia Stinger 2.0t gone 
1995 Miata Sold
1984 944 Sold
I am not lost for I know where I am, however where I am is lost. - Winnie the poo.
Last edited by scottmandue; 04-19-2014 at 09:58 AM..
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