Yes, the slim PS3 can bitstream

One of the biggest questions circling since the announcement of the new slim PS3 was whether it would support bitstreams for Dolby TrueHD and DTS-HD. IT looks like the answer is yes to both. Although a new firmware update is arriving the same day, only the slim PS3’s will support the bitstreaming feature since the older chipsets on the original units don’t support it. But fear not, early adopters, your PS3 will still decode these onboard as it always had.

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