When we first got started, that is actually the way I wanted to orient the theater. Unfortunately, this rendering is my own, and is not 100% to scale (it was my draft that we gave to the contractor, who made a much more accurate one from this) -- so while it looks like there is space for a 90 degree turn, there actually isn't room for that.
The 'stage' area where the TV is in those drawings is dry wall over R19 insulation (or, it will be, when they're done), and it will have a built-in cabinet / shelf so the speakers will be oriented toward the front of that space.
As i was reading through other posts, I also thought about trying a 6.1 setup. The only issue is that the rear center channel would be on the soffit coming in from the stairs, so it would be higher than it probably should be.
Given that the contractor's version is clearly trashed, any other votes / ideas on the following:
=> Good Ol' 5.1
=> High-rear-center 6.1
=> Oddly placed sides-a-bit-too-far-back 7.1
=> Other ideas?