That is correct. It will process a 2.0 signal from the bluetooth source and the Mobius will process that signal to make it sound like speakers in a room. However, I believe it was Mad Lust Envy that said, he was very surprised how well the 2.0 3D room emulation sounded and gave him a convincing 360 degree experience. Again... The Mobius will do its best to give you that 3D feeling experience with the 2.0 signal.
Not me. As good as it is, there is no way to get rear audio cues from two channel unless you have very specific encoding like Dolby Pro Logic II. Remember, this Mobius 3D (when decoding just 2 channels) is emulation of a room with two speakers in front of you. Since when have two speakers in front of you given you really good rear audio cues? Think about it. Unless those speakers themselves have some weird processing applied, you ain't getting rear cues that sound like they're behind you. At best, they'll sound different from front cues, but in the virtual space, they'll still be coming from those speakers.
Whomever said it does give good rear cues, well, I'm sorry, but no. There ARE things like Dolby Pro Logic II that can give decoders a very good surround effect from two channels, but in general, UNLESS you have specialized encoding like Pro Logic II and your device can decode that into surround, you're only gonna get plain stereo.
And come on. When you turn 3D off in 7.1, you get the SAME sound as stereo. There is no SURROUND EFFECT, NOTHING. INSTEAD OF WINDOWS CONVERTING AUDIO TO 2 CHANNEL FOR YOUR HEADPHONES TO LISTEN, IT WILL SEND A 7.1 SIGNAL, BUT IT WILL BE THE MOBIUS INSTEAD THAT WILL CONVERT THAT TO TWO CHANNEL. IT IS THE SAME THING, JUST DONE AT A DIFFERENT TIME in the audio chain before it reaches the transducers.
I can't caps lock this enough.
If ANYONE HERE has ever used a gaming dac/amp, like say the Creative X7. It takes a 7.1 signal. IF SBX SURROUND IS OFF, you get regular stereo, as the X7 will just convert that 7.1 to stereo without the surround processing. If you set windows to just 2 channel, your X7 doesn't have to do it. It's already been done. It's really that simple.
No matter how you slice it, all signals JUST eventually become two channels, even if it was 20 speakers being converted for a headphone to hear. Where you have processing being done to virtualize the speakers with two channels is the question. So if you turn 3D off, YOU NO LONGER GET THAT VIRTUALIZATION.
This is why when you watch movies and whatnot that obviously do 5.1 or 7.1 on tv speakers, you can still hear everything. All that information has been converted down to two channel for your TV to output.