I tried doing this a while ago. Used Audacity to output the six channels of 5.1 audio to Flac files, then burned to a DVD video disc using LPLEX. The DVD video disk standard does support this (at 48khz and up to 24bit). Next step was to find a player. This is not supported over S/PDIF, and I could find no player with the necessary 6 d/a converters. I suspect a DVD audio player with analog outputs could handle this, but have not tried. I tried contacting tech support for various manufacturers to try and find one that made a player that supported this DVD video standard, but they either didn't reply, or if they did reply, the reply was worthless. I resorted to DTS encoding in the end.