The only way you'll get Dolby True HD and DTS-MA HD is through HDMI or via analog outputs if your bluray player has them (but it sounds like yours doesn't). The optical will pass the core layer of regular Dolby Digital or DTS, whichever is set up on the disc. (gonk will correct me if I'm wrong!)
Welcome to the Saloon! I'm sure you'll love your 990.
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HT:
Pioneer VSX-1120
Salk Songbirds, SongCenter, SongSurrounds
Panasonic BDP-45
Outlaw LFM-2
2 Channel:
Red Dragon M-500 monoblocks
BAT-VK3i
Salk HT-1TL's
Apple TV
Beresford 7520 DAC
Surgex XS10