I decided to just go for a 5.1 system, and save my $$ for speakers for my bedroom. I looked at some titles, like Avatar, and more recent titles like "Oz the Great and Powerful", and both of those are 5.1. In fact, the only movie I do have in 7.1 is an older movie updated for blu ray, and that's Scarface with Al Pacino. Although as time goes on, more and more titles will have 7.1, it hasn't really taken off like the industry was hoping for.
-What industry? Probably the electronic manufacturers who to whom it most likely costs little to nothing to include that feature in A/V receivers and blu ray players. Otherwise the people converting movies to dvd and blu ray are mostly skipping that ability even in the newer releases.