Theo: I'm not sure what you're suggesting. My current setup has the ATT box going directly into one HDMI input on the TV and the Apple box going directly into the other HDMI input. That makes it simple for my wife, but since the TV can't process/decode multi-channel audio, both the ATT and Apple boxes default to PCM stereo.
I found this on the internet: http://www.allaboutadapters.com/hddodtsdihdo.html
It appears that you can throw a switch and force the optical to output one of several formats. I'm thinking this might work for me, but I need to call them and see if I will still get a pass through of stereo audio to the TV if the switch for the optical output is set for 5.1
The quest continues.
I found this on the internet: http://www.allaboutadapters.com/hddodtsdihdo.html
It appears that you can throw a switch and force the optical to output one of several formats. I'm thinking this might work for me, but I need to call them and see if I will still get a pass through of stereo audio to the TV if the switch for the optical output is set for 5.1
The quest continues.