DTS and Dolby are unrelated to uncompressed LPCM. HDMI 1.0 supports up to 8-channels, up to 192kHz, and up to 24-bits of depth. In practice, my laptop to my receiver can definitely do 24-bit 48kHz PCM at 8 channels, and that's certainly "full fidelity" for most setups.
Uncompressed multichannel LPCM works along-side video just fine. The only thing you have said in this thread that is true has been about eARC/ARC, yet you've doubled-down on your statements even when I made it clear that I'm not using ARC.