Two Channel -- DTS Master - HD Audio?


Have a two-channel system. Just put a hdtv in the mix. Feeding toslink from ps3 blu ray to two-channel dac. Understand this will not provide the hd audio. Questions, which I can't seem to find the answer to, is it possible to even get lossless audio from blu ray to two-channel system? Do I need a blu ray player that decodes and then use two-channel analog out to get this? Do blu ray players do this? Is something lost taking the multi-channel high rez audio down to two-channel in the since of whether it's still lossless (not benefits of two-channel v. multi-channel)? Worth the money to get the lossless, and if so, cheapest sonically sound route to go? Thanks for any information you can provide.
skf3636
Most modern players have decent channel management and easily output 2.0 (or any other channel configuration) from HD tracks.

Kal
Thank you for the responses. To my ears lossless is generally worth it. A new player is probably less expensive than other options, so I'll probably start checking there. If anyone has a recommendation on a player for this purpose, please tell me. Thanks again, skf
If you believe in the wisdom of crowds (and reviewers) you can't go wrong with the Oppo 95 (especially if you are limited to a 2 channel application).