I have an Onkyo Tx sr 575 receiver with HDMI 1.3 inputs but does not internally decode the new HD audio formats although my Blu ray player does decode internally and outputs by PCM, am I hearing the new HD Audio formats this way>? If so I don't have to be in the market to upgrade just yet?

Panny 50"PZ85u, Anthem MRX510, Emotiva UPA7, Monitor Audio Silver 8, Centre, FX, HTPC, PS4