Is it possible to create an anamorphic widescreen mpg? If so, what formats accept it? (ie VCD, SVCD, DVD etc)

Same thing with 5.1 audio. Is there a program out there that allows you to make your own 5.1 mixes in either Dolby Digital or DTS? And same thing here: which formats will accept this, and can it be encoded in TMPGEnc?

Thanks,
Matt