Guys, you have to lay out a foundation before you put on the roof.
Right now, everyone's getting wet. Have patience. The house HT is building will have better flexibility for a more immersive sound scape with LESS impact performance wise than their old system did at default.
This is like the graphics engine upgrade. There were a lot of problems for a lot of people when that came out. But with patience and helping nail each issue down, HTC resolved by FAR the vast majority of issues, and even the low rez guys were running a game that looked as good as it used to, if not better, with BETTER framerates in general.
Have a little faith, go outside, drink some lemonade under the sun, and let HTC know what you do and don't like. They'll work on it and try to get it as right as they can to satisfy the majority of people playing, as they always have. I would not be suprised if they introduce a few more sliders even, just not nearly as many as there was previously.
(Personally, I'm just thrilled to finally be able to hear vox in my headset and sounds through my speakers... so I'm biased)