While it has its issues, my XBOX Series S console supports Dolby Atmos and 4K @120Hz where it counts, in Gears5 multiplayer. It streams audio well enough, but doesn’t support Atmos on certain apps. It can, however, convert everything to DTS:X for output. The Series X doesn’t support Dolby Vision on 4K discs so I didn’t spend the extra money to get it. The Series S is a better console than I expected for the price.