mdrconsult was correct. I checked my OPPO Audio Output Setup. SACD Output was set to DSD. I changed it to Auto and it obviously sensed my 975 couldn't handle DSD, so it's sending PCM to my 975. Sounds great. Must be one of those audio gremlins that changed my OPPO output - I swear I didn't do it :-)
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"Do you expect me to talk?"
"No Mr. Bond, I expect you to die!"