I went from 5.1 to 7.1 several years ago and from 7.1 to 7.2.4 this past fall as I had to rebuild my basement theater. While I bought all new Paradigm speakers for the basic 5.1 in 2003, my expansions to 7.1 and 7.2.4 were by adding used inexpensive speakers: a pair of small Boston Acoustics for the rears when I got my first HDMI AVR, and went 7.1 and then for the theater rebuild I added Onkyo silver tubes (wrapped in black gaffer's tape) overhead and an Onkyo sub for the second sub near my couch.
No bounce speakers or holes in the ceiling - instead, I hung my 4 overhead speakers just below the ceiling, one pair a few feet in front of the couch facing me, and one pair a few feet behind the couch facing forward. A pair of heavy black rubber straps with hooks at either end going into eyelets on the end of toggle bolts in the ceiling make a nice cradle for each speaker, with the rubber soaking up vibrations that might otherwise damage the ceiling.
The AVR, like most (maybe all) flagship AVRs - has 11 preamps in addition to the subs but only 9 power amps, so I found a an older AVR of the generation that still had the multichannel analog input used by pre-HDMI DVD-Audio/SACD players, and used it to power all four ceiling speakers, reserving the main AVR's power supply for just the other seven speakers.
An important thing is not to trust the auto-room correction about relative speaker levels. Because those systems don't use a forward-facing cardiod microphone, they tell the AVR that the surround speakers - side, rear, and above - are louder than our ears hear them, and thus set those channels too quiet. Let the automation set up time delays and eq, but manually boost each of the surround channels so that they sound as loud as the front channels.
Otherwise, you'll decide that Atmos and DTS:X aren't doing anything.