I don't know just how Toshiba is handling TrueHD decoding or how TrueHD encoding is being done
I'm unsure about all of Toshiba's HD DVD players, but the HD-A1 and HD-XA1 have two
21266 and two
21262 Analog Devices SHARC DSPs built in that handle all audio processing. They can be "adapted" to handle present and new codecs. On the DAC end they use Burr-Brown PCM1755s with JRC 4580 dual op-amps.
They losslessly convert TrueHD to LPCM.
SHARC DSPs:
Analog section: