I've experimented with HDMI multichannel audio and multichannel analog interconnects (RCA cables). All of my cable were of very high quality both digital and analog, so that cancels that out.
I found 6 channel analog to be noticeably superior in sound quality to HDMI for DVD-Audio playback (my receiver is HDMI 1.1 so SACD can't be compared in this way). At first, I attributed this to "digital and HDMI being good for video but bad for audio."
After doing more research, I think it may be that my Denon 3910's DAC's were kicking my HK AVR 745 DAC's asses.
Question: With my new OPPO-83SE (which seems to have kicked the Denon 3910 to the curb on improved sound quality), of course I'm using the multichannel analog outs because my AVR is "ancient" by manufacturer standards (and HDMI 1.1

) Getting to my question.... if I set SACD output to DSD instead of PCM, am I bypassing the Oppo's superior DAC's in favor of the inferior one's in my receiver? If I choose PCM, am I getting all I paid for from the 83SE then?
This might all be moot, though, since my HK AVR745 has the ability to bass manage and equalize the multichannel inputs, which I do use it for since it has a good ability to do this well. (I can switch from 6/8 channel and 6/8 channel DIRECT - no AVR bass management and direct pristine pass through). However, as good as 6 or 8 channel direct mode is (bypassing any effect the AVR's processing might do to music), my room does not allow a perfect 5.1 speaker placement, nor direction, nor is my room perfect, all things the microphoned EXSETT EQ++ setup helps with; so I often find the processed 6/8 channel audio preferrable.