Realtime AC3/DTS encoding in software?

[midimidi]

Curious...with all of our current 6-channel outputs built in to motherboards, has anyone come up with any software that can grab the system's DirectSound or WaveOut streams and encode them to dolby digital or DTS and spit it out SPDIF - all in realtime? Basically a software replacement for the hardware DD/DTS encoders?

All of the software encoders I've seen either only input wav files or output only as an ac3/wav file.

My logic here is that I could perhaps get a game's discreet outputs like Doom3, and transfer it to my hometheater via a single SPDIF connection rather than sending 3 separate stereo miniplugs and using the only discreet-in on my receiver.

Just a thought...

[midimidi]

Fascinating