Hi everyone, good to see you posting again Tireguy, well... I hear the best of 2 channel audio frequently, and use it as a benchmark for my HT set-up. I try to attain the best of both worlds because of space and budget constraints. I recently upgraded from a Denon AVR-5700 to a Musical Fidelity HT600 5 channel amp and a B&K pre-pro in order to improve my 2 channel playback. They withstand comparison to any very good dedicated 2 channel system. The line between 2 & 5 channel playback will continue to blur. There will always be a market for the purist and connoisseur, so they really have nothing to be concerned about, but the stereo format is not all that "pure" anyway. Due to various problems with the format, the earliest developers of stereo actually wanted a 3 channel system, but felt that the public was not ready for it, so it took many years of refining to overcome inherent limitations and achieve the quality we have available today. Give the high resolution 5 channel SACD format time, and it might become a new standard. In the future I bet there will be debates between 10.2 channel users, and 5 channel users over which system is best.
I appreciate high end stereo playback very much, but love the combination of home theater and stereo in one system as well. There really is no conflict. The more people who become interested in high quality sound reproduction, whether it be 2 or 5, or 7.1 channels, the better for all of us. Ninety percent of the time more sales equals higher and higher quality at lower costs.