As the other noted, go for the highest quality multichannel codec on the disc.
And be watchful, as some discs, like the BlueMan group "how to be a Megastar" disc force you select the PCM surround track by hand, or it defaults to basic DolbyDigital (same encoding as the DVD).
Another thing to check: in your processor, ensure that THX and 'cinema' modes are turned off, as they roll off the highs.
For music discs, basic 'Standard' processing mode is what you want, regardless of codec.
And note that some processor remember std vs THX based on codec, not just input. So for PCM you might have THX off, but feed a TrueHD bitstream, and THX might be on. Therefore, check these settings once the disc is actually sending the selected audio stream and you are listening to music.
See, that’s easy
/Rant-On/
While BluRay as a format has great audio options, they still don't encode enough meta-data on the discs to have a seamless 'best-possible-experience' group of settings happen automatically.
The player should report all possible audio and video permutation info to the processor, and the processor would go: “Oh, this a music video, and it has a five channel PCM track as the highest fidelity, and since the player is linked up via HMDI, I can have the player send me that. Since it’s also a music disc, I’ll switch off the THX and other ‘cinema’ re-equalization settings. Hey, player, send me the ‘5.1 PCM soundtrack’”. The player then dutifully obeys and passes this.
It's not like there's a real technical barrier, what with CEC on HDMI enabling bidirectional communications between player and a processor, and plenty of space and a nice structured data model for BR discs, etc. etc. Aargh
/Rant-Off/