Fostex makes such a device. I put one on my Dad's system. It cost less than $100. I found it at Mars Music in Atlanta. Check the Fostex website... Also, try an Audio Alchemy DTI (Digital Transmission Interface). You'll have to find that on the used market. (Note: This will strip out DD 5.1 info)
Looking for a gadget
I am looking for something to connect a Toslink digital out to a coax (RCA plug)digital in so I can connect to a dac that only accepts an rca plug digital in. I really don't want to get an MSB Digital Director as this is an isolated case and only involves one connection. I know I saw something that did let you connect a toslink to a coax cable. Anyone know where I can find one of these things?
Rob
Rob