Home Theater Bypass , why am I hearing this now.

I have a Home Theater and when I upgraded my Onkyo to a Marantz it was a true Upgrade I was impressed, anyway like any other hobby I wanted to make improvements on top of what I just gained. The more I read the more I realize AVR HT receivers will never get you a tru HIFI experience because of the processing that takes place and a dedicated 2 ch is the only way to go ask Millercarbon he will surly be all over this one. I only have one room in my house that doubles as a home theater and listening room. I was ready to pick up a Prisma NP5 streamer (to move to my rack and network ) and a Denafrips ares Dac thinking I would get an upgrade to my source that is Tidal over my phone over the air currently( anything is better than this method). Im wondering if its a waste of time and money since I plan on using it with my AVR, then I stumbled onto guys talking about HT bypass for this reason. I haven't read or herd HT bypass yet on this Forum and wanted to know what you all thought, at some point i wanted to get a 8k marantz Processor and dedicated Amp but before I drop $7k I want to make sure I figure out this HT bypass because I want better High Rez audio from my HT system.