@waynel : Thanks a lot for the help! Some more questions!
1. I assume the Genelec gets the correct Left and Right channel music from the digital AES.
2. Since I just ordered MiniDSP 2x4HD which accepts Toslink as well. So can I use both the digital output. So that SPDIF can go to Genelecs via neutrik adapters and the toslink to minidsp 2x4HD for subwoofer correction.
One additional question. Does the new AVRs have new streamers that can be compared to what WXC50 offers? So far I have seen that AVRs do not have any digital out, correct! So in that case, the best sound one can get for my Genelecs is to get digital input from WXC50 directly without any DAC conversion. Is my assumption correct?
Thanks again.