I agree about lossless codecs, but I've found I prefer analog output from my Oppo BDP-105, and if the 8 cables are bundled they are not the mess I envisioned. I also have 2 XLR cables for stereo.
The BDP-105 with its HDMI and asynchronous USB inputs can perform most of the functions of a processor, e.g. speaker configuration and so forth. It applies its excellent audio and video processing to those inputs. You can use HDMI or analog output from the 105, but if you use HDMI, a 103 without the high quality analog processing is more cost effective. OP may not need a new processor.
db
The BDP-105 with its HDMI and asynchronous USB inputs can perform most of the functions of a processor, e.g. speaker configuration and so forth. It applies its excellent audio and video processing to those inputs. You can use HDMI or analog output from the 105, but if you use HDMI, a 103 without the high quality analog processing is more cost effective. OP may not need a new processor.
db