I know if I use the "analog audio" outs of a CD player, the actual player is doing the DAC. If I use digital out (optical, coaxil), the receiver will do the DAC. Now, does the same apply with video? If I use the HDMI connection on a blu ray player and connect to my TV, does the TV do the actual video conversion? Just curious...If the TV does the conversion, why spend more on a top line BD player (disregarding features...just talking about video quality)?
If your display is digital (most modern panels and projectors are), there is no "decoding" at all. There are other digital operations that are accomplished (de-interlacing, scaling, etc.).
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