Thanks Washburn,
Are you using the analog outs?
TMANIAC
Yeah, I only have a 2.1 sound system, and never had any interest in multi-channel audio, so for my needs it's brilliant.
The sound quality for CDs was VERY good, but i do have a dedicated CD changer (NAD) that I use with an external DAC, which is better than the Panny for music, BUT the Panny 65 comes VERY close to my main CD transporter/DAC combo's sound. For movies, the SQ is brilliant. Dialog is clear and crisp, and effects can shake the house and still be refined.
I am sure there are better Blu Ray players like the oppo for sound, but when you think of the price, the Panny is hard to beat. Like a poster said, the oppo costs 8x more but its SQ (i have heard one) is certainly NOT 8x better. Not even 2x. But it does provide all kinds of adjustments and formats and options for the hefty price, which, for some, might be useful.
In my case, where movies and music are separated areas in my sound system, the Panny does great on BluRay/DVDs, and Streaming content (Netflix, etc)