What?! How? This would actually
work? How would this one out feed a multichannel power amp?
Well, obviously, it's only a solution for stereo.
The down conversion boxes, if you use them, are going to dictate the quality of sound.
How would this even be done?
Open up unit, trace down the internal pre-amp/processor section and amp modules and find the line level signal circuits between them. Cut circuit and bypass to external jacks that you install wherever space allows on back. I usually add switches for each channel pair to select between 'bypass' and 'internal circuit' modes. You do need some basic knowledge of electronics and know how to solder/work with PCBs do this properly, of course. If you have no knowledge/ability here, then of course this is not a valid course for you.
-Chris