This is a direct quote from a middle of a DVD review from Bill Hunt at the Digital Bits:

Quote:
Significantly harder to peg, however, is the quality of the Dolby TrueHD 5.1 audio. Unfortunately, the Toshiba hardware will not pass the TrueHD surround channels at this resolution, just 2.0 stereo (a warning message appears on screen when you try to select the TrueHD 5.1 informing you of this limitation), and even the stereo is just downmixed LPCM. If Dolby Digital-Plus equates to the best standard DTS presentations, TrueHD should - in theory, when the hardware is ready to handle it - be comparable or even greater to the quality you'd expect on an even higher resolution DVD-Audio disc. There's a good reason for that - TrueHD takes advantage of the same "lossless" MLP encoding process upon which the DVD-Audio format was based. However, with the current hardware limitations and without the same complete surround presentation as you get with the Plus mix, it's very difficult to make an accurate comparison. Unfortunately, we'll have to wait for fully compatible HD-DVD players and surround receivers to know just how good TrueHD can be.
To clarify a little, the DolbyHD audio on the initial DVD releases is downconverted in the Toshiba players to allow it to come out of the coaxial/toslink outputs. It's downconverted to a bitrate that is equal to current DTS standards. I highly recommend reading all of Bill's posting on his experiences with the Toshiba player on this site:

www.thedigitalbits.com

He explains what's going on with this player and the format a lot better than most people out there. It's well worth the read if you own the player or are thinking of getting it.