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1. It is being downmixed to 2.0 thus meaning that certain sounds that should only play on the left back and right back are being played on the left front and right front. You could also be using the Dolby to downmix to a 2.0 signal which means you are only getting the left and right (along with the center) channels and nothing more.
2. Since you are using a 5.1 mix, the left back, right back, and center channels are just not being sent through your sound card to your speakers.
NO, DVD players (software) can downmix all the 6-channel into 2, including the "thump" channel
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Thanks. So I will get the EXACT same output (i.e. no audio enhancements/tweaks, etc) with 5.1 as opposed to 2.0 even tho I DO notice that the 5.1 track is louder?
I'm not sure whether the 2.0 DD track preserve the full dynamic! If it were 5.1, you can also choose whether to preserve the full dynamic range, of course , the speech part will be very soft and when there's background music, explosion, it will be as loud as thunder!!