Not sure. I am going to research this point, but I don't think there is any difference in audio quality between blue ray and standard ray. Video quality is another thing. The ability to read audio signal and the D/A converter is the same in both system. 24 bit/96khz. Please, clarify me if I am wrong!!!
P/S I read a little bit about this and found that if you play a HD DVD with HD DD or HD dts, you get hd sound. Probably a better sound than standard DD and DTS, never hear it. But, playing an standard dvd or cd, the sound quality is the same as red ray players.