That's probably a very accurate summary, brubacca. And with the option of analog or digital bass management (along with the oft-mentioned DVI switching), the 970 will be nearly as well equipped as a you can ask for Blu-ray and HD-DVD (aside from the PS3, I would expect all Blu-ray and HD-DVD players to offer onboard DAC's to go with the mandatory onboard decoding, so a 7.1 input with some bass management options will be a good solution for the early years of our new format war).