To be practical, ignoring the losssy vs losless technical descriptions a bit, I would recommend that everyone must experience it very much in person.
The following three points are quite (a lot) influential:
- The quality of the equipment we have at home.
- The quality of acoustic room treatment.
- The hearing capacity we have (how old are we, and how our ear system is degraded).
As has already been said in previous posts, it is good that for an Atmos mix that we really like in streaming, we buy the Blu-Ray (if available) to be able to make a comparison and check how much our listening improves, considering the three points I mention above.
If the improvement is null or insufficient for you then you have discovered that it is not worth buying the Blu-Ray for the reason of improved sound quality.
In my case, I barely noticed any difference with my previous 5.1 system of normal/average quality, and I thought that my old ears were no longer able to discern.
But since I set up the new Atmos Home Theater, after renovating the house, with a higher quality than the previous one and a minimal room acoustic treatment, nothing excessive either, I have verified that I DO notice a substantial difference between streaming and the Blu-ray. So, fortunately my ears are not too much degraded.
The improvement is not always the same with all the comparisons I've made, but the improvement in clarity, drums, cymbals, and some voices (especially female) of a whisper type, sound much more faithful to me and "as if were there in my living room” with Blu-ray than with streaming.
I think it is not necessary to be any demanding audiophile. You can simply try one or two Blu-rays, try to do an A-B comparison with streaming, and see for yourself.