Well, it\'s come to this, either spend another 200 bucks and update my reciever, or just buy a motherboard that can ENCODE pcm signals in realtime (in hardware) to AC3.
This is my solution. 
The 
Gigabyte GA-7NNXP motherboard
With 
MCP-T technology. My digital 5.1 channel problems shall be solved. The Chipset allows AC3 encoding in realtime for a Dolby digital reciever to decode.. So my speaker pack will work great.
 nForce2 Ultra400 chipset   Processor
nForce2 Ultra400 chipset   Processor Socket A for AMD AthlonXP / Athlon / Duron processor 
Chipset NVIDIA nForce2 Ultra 400 System Platform Processor (SPP) 
Media and Communications Processor - Turbo (MCP-T) 
Super I/O: ITE IT8712F chip 
Silicon Image sil3112A controller 
GigaRAID ATA 133 RAID controller 
Intel 82540EM Gigabit LAN chip 
Realtek 8201 LAN PHY Chip 
Realtek ALC650/655 Audio AC\'97 Codec 
2 x 4M bit flash ROM 
Front Side Bus 400/333/266 MHz FSB 
MemoryType:Dual Channel DDR400/ 333/ 266- 184pin 
Max capacity: Up to 3GB by 4 DIMM slots 
Internal I/O Connectors 2 x Serial ATA connector 
4 x UDMA ATA 133/100/66 Bus Master IDE connectors 
1 x FDD connector 
1 x USB 2.0/1.1 connectors(support 2 ports) 
2 x IEEE 1394 connectors ( supports 3 ports) 
S/P DIF input/output pin header 
3 x cooling fan pin headers 
WOL pin header 
CD/AUX in 
1 x Game/Midi connector 
Expansion Slots 1 x AGP Pro slot (8x/4x-AGP 3.0 compliant, supports 1.5v display card only.) 
5 x PCI slots (PCI 2.2 compliant) 
1 x DPS slot 
Rear Panel I/O PS/2 Keyboard / Mouse 
4 x USB 2.0/1.1 ports 
2 x RJ45 ports 
2 x COM ports 
1 x LPT 
Audio (1 x Line-in / 1 x Line-out / 1 x Mic) connector 
CPU/AGP/DIMM setting CPU FSB / Multiplier / Vcore Voltage adjustable via BIOS 
AGP Voltage / Clock adjustable via BIOS 
DIMM Voltage / Clock adjustable via BIOS 
Power ATX power connector and ATX 12V connector 
Power-off by Windows 98/ Me/ 2000/ XP shut down and switch 
Form Factor ATX form factor 
30.5 x 24.4 cm 
H/W Monitoring System health status auto-detect and report by BIOS 
Hardware detecting and reporting for case open, power-in voltage, CPU voltage, and fan speed. 
BIOS 2x4M bit flash ROM, enhanced ACPI feature for PC98/Win98/Win2000/Me/ CE/XP compliance, Green, PnP, DMI, INT13 (>8.4GB) and Anti-Virus functions 
IDE#1~#4, SCSI, LS120, ZIP and CD-ROM bootable 
Other Features EasyTune™4 (support the function of hardware monitoring only) 
Suspend to RAM (STR) 
Supports USB KB / MS wake up from S3 
Bundle Software Norton Internet Security™ 
Norton Anti Virus™ 
Norton™ Personal Firewall 
Norton™ Privacy Control 
Norton™ Parental Control 
Norton™ Spam Alert 
GIGABYTE Windows Utility Manager 
Adobe Acrobat Reader 
Adobe Acrobat e-Book Reader 
Driver nForce2 series system driver 
REALTEK audio driver 
Intel Pro/1000 CT LAN driver 
NVIDIA LAN driver 
Silcon Image Serial ATA driver 
GigaRAID IDE RAID driver 
USB2.0 driver 
It may be over kill, but atleast i\'ll get TRUE 5.1 sound finally. You\'d think having a SBLIVE5.1 card with a Inspire 5500 Digital system they\'d give you 5.1 sound in games.. Then you find out the reciever only works with AC3 channels.......  stoooopid creative..