Pros: Dolby Digital encoding! Sound Quality Digital outs! Optical & Coaxial amazing HTPC capability! Gaming w\ DDL surround is awsome!

Cons: no biggies so far. But I suppose the utility could use a fancier GUI. (although I installed the one on the provided disk and there could be an update). One more thing there is about a one second delay for the signal to go into DDL mode.(sound syncs up perfect but one second of silence after the signal starts.)

Overall Review: Okay I realize it's a bit early to right a review (I just got it last night) but I'm frikin impressed. I picked up a nice used reciver with optical ins but got no sound from my envy24 card(cheapo but nice $xx) turns out it will only play DTS or DD so PCM soud had to be anolag. I ordered this card to solve the problem by turning everything into DDL. Unfortunatly I tested with a DVD player and the Digitals didn't work at all. Dissapointed I went online to cancel my order, but amazingly newegg had already shipped (not even 24 hours later) so I got it and hooked up to my old receiver, the sound improvment is incredible! I've decided to hold on to it and I'm even ordering some new speakers to reach it's full potential.Got it set up with video out to TV and Audio to my 5.1 reciver. Great for DVD movies & Video Games!