If you do all you listening in surround regardless of source, I don't think you'll find better than the Lexicon. Meridian has gotten good reviews on their synthesized surround, though they're just as expensive and I don't know if they have 7.1 support.
The baby MC-12 would / will be good. I hope they do come out with one. I have the MC-12 and it's a beauty. I would assume the baby MC-12 will be extremely nice as well.
Have you considered upgrading to an MC-1 and waiting until the baby MC-12 comes out and, preferably, drops in price? Lexicon gear seems to sell at a much steeper discount than many brands. The MC-1 used is going very cheaply right now and, IMO, sounded significantly better than the DC-1 (I owned both at different times prior to the MC-12).
The baby MC-12 would / will be good. I hope they do come out with one. I have the MC-12 and it's a beauty. I would assume the baby MC-12 will be extremely nice as well.
Have you considered upgrading to an MC-1 and waiting until the baby MC-12 comes out and, preferably, drops in price? Lexicon gear seems to sell at a much steeper discount than many brands. The MC-1 used is going very cheaply right now and, IMO, sounded significantly better than the DC-1 (I owned both at different times prior to the MC-12).