Advice: Hooking up DVD for 2-ch. analog AND coax

I read with interest on an earlier thread here about hooking up a DVD player with BOTH the coaxial connection, for HT or DVD-A, and the analog connections, for 2-channel audio. I'd appreciate some advice on this -- specifically:

If I leave both sets of connections hooked up all the time, will my AV receiver automatically take the analog CD connection in 2-channel mode (when I switch to CD)? I ask because I'm seriously considering purchasing a new joint DVD-CD player, but only if I can easily get the 2-channel CD option to work regularly and automatically, without my having to unhook the coax every time I switch to CD listening. Like others I've found that using coax on my current DVD (a Toshiba SD-1600) for audio, thereby relying on the DAC on my AV receiver (a Yamaha RV-1105), is extremely unsatisfying for 2-channel music, so I prefer to use the DAC on a dedicated CD player. But it would be a nice convenience to have one machine to handle both DVD and CD, if the 2-channel thing works out.