Straight digital until it hits the DAC built into the receiver. I can't stand the noise introduced by physical pick-up on analog sources. So, since I'm starting digital, I want to keep it that way as long as possible. All my sources connect by HDMI now.

Pioneer PDP-5020FD, Marantz SR6011
Axiom M5HP, VP160HP, QS8
Sony PS4, surround backs
-Chris