07-14-09: ShadorneFor me, having a 7.1 source on the soundtrack is nearly immaterial. My AVP can matrix 7.1 from any 5.1 source, and does. It fills in the back and provides a more enveloping sound whether coming from a 7.1 or 5.1 channel source.
Better YES. Practical NO. Of course it is better but it depends on how willing you are to invest for the small amount of 7.1 soundtracks available.
7-channel sources are growing rapidly, as just about anything coming out on Blu-ray these days is 7.1. The true 7.1 channel sources *do* provide more discrete rear channel specificity, but even in a matrix where the rear surround channels are only playing the signal common to LS and RS, it still fills in a gap that otherwise occupies the rear third of the room.
If you already have a 7-channel AVP or AVR, the additional cost of rear fill-in speakers and a pawnshop amp is minimal (e.g., I got an Adcom 535 II for $75). The only potential hassle is laying the front-to-back speaker cables.