@erik_squires
Thank you for starting this thread! I have an MQA streamer with a Bluesound Node and a Dolby Atmos streamer with an X-Box Series S. Atmos is very, very enjoyable on my rig which has been meticulously setup to support immersive audio. You just can’t compare object based and channel based. My advice is to not make this about either/or. Take advantage of both. The other thing is how much more can they do with two channel in terms of the files? The best two channel is analog vinyl and it probably peaked more than twenty years ago. Atmos is very early and is getting better every month IMO. The classic albums remastered in Atmos are nice. The NEW music being mastered in Atmos is more interesting.
Myth- You need more than two speakers for Atmos. No, it plays back fine with two speakers or headphones.
Myth- You can slap any speaker on the ceiling to do atmos. No, Atmos has very clear specs by dolby and is easy to follow because the specs are the same for the studios as they are the consumer.
So, I think this is a healthy debate and I am not advocating one is better universally. I am advocating to have both.
I don’t want to hijack your thread but the stuff to check out is NOT from the labels, NOT from Dolby but from the engineers who have been mixing in two channel. Just listen to what they have to share about mixing in atmos, and keep in mind, this is still like less than 5 years since Apple launched spatial audio, very early days.