there's no digital method of enjoying HD sound on the pc yet (as far as i know) but Auzentech are releasing a board this year which connects to their own top end sound card, and allows you to loop your HDMI graphics card into the sound card and output both picture and sound over HDMI - there's not enough bandwidth on a SPDIF or Coax output to do anything more than DD and DTS core though unfortunately. Still, combined this is going to set you back another £200 which is crazy when you could probably get away with using all your current equipment and achieve more or less the same effect
how you connect via analog depends very much on the outputs on your soundcard as not all will have 6 analog outs. I have an Audigy X-fi and it has 3x 3mm outputs, which i have connected to my 5.1 analog inputs on my receiver using the
Creative Home Theater cable which splits 3x 3mm outputs into 8x rca inputs (for 7.1 surround) so if you have 7.1 inputs on your receiver you could then enjoy the (almost) full range of DD+ all the way through to DTS-MA 7.1. It's not amazingly long (about 3m) so if you have a long distance between pc and av receiver, you can pick up some 3mm extension cables for pennies each..
Another decent bit of software by the way, is AnyDVD HD which will bypass HDCP if you need to, and also bypass Blu Ray region codes - unfortunately it's not cheap if you want to buy it.