I have the 990/7125 combo and the Panny player and this is the very reason I bought this player over the Pioneer Elite. The Panny player is the only one with 7.1 analog outs. The firmware upgrade for dts hd and dolby truehd will be available in March/April per Panasonic.
Also, a new firmware upgrade was released just this week that's supposed to give a better picture thru hdmi, quicker chapter skipping and a few other things.I haven't done that upgrade yet but will soon. You can see the firmaware info at avs.com
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***dvdguru***
My system:
Outlaw 990/Outlaw 7125
Panasonic TH50PHD7UY HD Plasma
Toshiba HD-XA2 HdDvd Player
Panasonic BD-10 BluRay Player
Paradigm Studio 60 v.3
Paradigm CC690 Center v.4
Paradigm ADP470 Side & rear surrounds
SVS PB12 Plus/2 Sub