So for those that don't have receivers capable of decoding the lossless codecs, how do the DACs onboard the Blu-Ray players compare? Would the lossless codecs through a somewhat inferior DAC sound better than the lossy ones through a better DAC?
Of course it's allways a matter of scale. The player I'm looking at is the Pioneer BDP-320, which has some mid-low range Burr-Brown DACs, although I can't remember the exact model.
I don't actually have a receiver, what I would do is hook up my preamp/amp for the front speakers and amp w/ volume pots for the rears directly to the player - I have a 4.0 system and I want to run a phantom center. Since my budget is limited (spent all on the stereo setup), my other option is to get an older pre/pro (like an Outlaw 950) or a receiver with pre-outs (preferably one that lets me disable the dynamic range compression of DD from downmixing).