I'll chime in with my 2 cents. Blu Ray from a visual perspective is leaps and bounds better than standard DVD. From an audio perspective, there's some improvement but not the gigantic steps that some have mentioned here on this post. It all depends on the recording engineer how he puts down the movie soundtrack whehter it be lossy or lossless. My reference for great sound is not a BluRay with the lossless codecs but a normal DVD with DTS. That is Master & Commander. The soundtrack will easily hold its own to any of the BluRays that I have such as Avatar, Star Trek, Iron Man, teh last Termininator flick, The Avengers, etc. I realize that Master & Commander may be the exception but it is also an indicator on how good something can sound when someone behind the scenes knows what they are doing.
The BD version of Master and Commander, was messed up in the LFE channel. However, that said the dialog in the BD version is significantly more natural than the DVD version.
For movies the best demo I know of is War Horse. From an audio standpoint it is a master piece. The recording of the LSO is superb. The sound scapes created are totally believable. 360 sound localization with depth, and I mean depth. There are effects created off to the side of you that really do sound miles away, which they are.
This movie demands very good high performance speakers in all 7 locations, and every one is pushed hard. sound images move seamlessly from speaker to speaker. With puny poorly placed surrounds and rears you would have no idea what a masterpiece of sound engineering this movie is.
However movies are not my big focus. My collection of opera and symphonic music is really growing at clip, and I'm loving it. I never thought I could get such enormous pleasure out of any system and the spectacular audio from DTS master audio is where it begins.
I just got delivery of the Mahler symphony number 8, the "Symphony of 1000" from Caracas Venezuela, all under the masterful control of the "Dude": - Gustavo Dudamel.
He had the whole LA symphony plus the Simon Bolivar Symphony Orchestra, of which the Dude has been principal conductor since the age of 17, on stage, an enormous children's choir, and huge main chorus of I would guess mainly teenagers and university student and a large team of soloists.
I just put the disc on when it arrived just to see the opening. Of course guess what I had to see it to the end.
Now Mahler is one of those composers like Wagner, who know how to make a short circuit to the mid brain and really mess with your emotions.
I was struck by how carefully Dudamel kept these huge forces at bay. All carefully crafted and precise, giving very clear direction the whole time.
The children were amazing, they sang from memory throughout. The first half of the symphony is in Latin and the second half in German.
The ebb and flow all magically interwoven. Dudamel unlike a lot of conductors these days, never let his brass players over blow, so they stay on pitch. I was wondering who he would build the gigantic triumphal climax. Well in the final scene an enormous brass choir was suddenly revealed in a balcony to the left of the stage. Just wonderful stuff.
After the dying sounds many of the children were crying. Right then I knew, that young as they were, they had understood, and grasped the huge emotional release of this final section.
I would say all of the performers apart from members of the LA symphony were less than 30 years of age.
All this is brought about by the extraordinary music education program in Venezuela,
El Sistema.
By the way, this finale always defeated the LP. This huge climax in the inside groove, always ruined Mahler's triumph. So now we can have really great audio and the picture. It does not get any better than that.
Now I think about it, El Sistema is worth a thread of its own. It is a really compelling story and be actively reduplicated here.