Interesting. That is different from what I get. My old DAC does not handle AC3 streaming, so what I get may not be typical. If I turn on AC3 bitstreaming, this is what I get:
Playing a cable channel (CableCARD) with HDHomeRun Prime, I get silence and MC's audio path info says "Not using JRiver audio engine". This is the case when playback is done in DirectShow.
Playing an OTA bda channel, with HDHomeRun Flex 4k, I do get sound, with MC converting from AC3 to 2 channel. This is the case when tuning is done with DirectShow (bda), but playback is done without DirectShow.
Playing a DMS channel, using HDHomeRun Flex 4k, I get the same behavior as in bda channel. This is the case when playback does not use DirectShow.
So I thought the difference is whether we use DirectShow for playback. But your case seems to suggest differently.