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Conjecture really as I haven't seen it in actionm, but Bluray is the recording medium. It could be used to record standard definition or high definition. With hi-def you should notice a picture difference on your set, but the bigger the display the more obvious it will become.
As for DTS , they are saying that the future formats will be backward compatible.
ie Your current amp won't be able to playback the new standards but it will be able decode the formats it currently can from the bluray disc.
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