I have SRS Circle Surround II on my AV receiver. I've watched the ESPN Sunday Night Football broadcasts with CSII, and it is awesome. It's way better than Dolby Pro Logic II; it just sounds more dynamic and spacious. It's NOT as good as Dolby Digital 5.1; the channel separation is superior on DD5.1. But I wouldn't rate it that far below it either.
Circle Surround II is supposed to be superior to DPLII, so perhaps a receiver that decodes it properly does make a big difference. That's just my two cents.
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