I bought a LG 47LM6200 3D ast year and have been happy with the picture quality but terrible tv quality audio. I finally got around to purchasing a decent introductory home theater system (Energy Take Classic 5.0 + F12) and got a nice hand me down receiver (Onkyo tx sr804). I set everything up yesterday and did all of my calibrations and am very happy with the audio. I am trying to optimize the video and audio the best I can and I am realizing that the only thing that is restricting me a little is my receiver because it has an older version HDMI Version 1.1, and it can't process the newer codec such as: Dolby® TrueHD, DTS-HD™ Master Audio, Dolby® Digital Plus, DTS-HD.
Here is my question, I have a PS3 that has HDMI 1.4 and a new TV that has HDMI 1.4. Right now I run my PS3 and my Comcast cable box which I assume is HDMI 1.4 as well, though my receiver, HDMI 1.1, and then out to my TV HDMI 1.4. I'm wondering if this set up is the best I can do with what I have or if I should be instead running my PS3 or cable box into my TV because they are all HDMI 1.4 and then out to my receiver? Basically am I losing audio or video quality with my set up because of the different HDMI versions and is there a way to set it up for even more optimal quality?
I know that HDMI 1.1 doesn't support 3D and I do have a 3D TV so that is something to consider as well. However I rarely use the 3D so it's not paramount that I have the 3D working but it would be nice if I do use it. Also, I stream a lot of movies and music from my computer with Plex, to my PS3. Am I losing audio and video quality because of my set up and would that look and sound better if it was sent straight from the ps3 to the TV because of the newer version HDMI connections? I only ask this because I looked at a comparison chart and it seemed like a big difference between 1.1 and 1.4 was a much faster transfer rate which could affect the streaming from my computer?
And finally, I could buy a new receiver and solve all of these problems. I was going to buy a yamaha rx-v375 but as I said before I was lucky enough to get a great hand me down. Do you think it is worth the money though to buy that receiver or am I not going to really notice much of a difference? I am somewhat of a noob to audio.
Thank you in advance!