The Premiere Elements 12 and other versions are as the descriptions show.
However, in the case of 5.1 channel incorporated into a particular project preset, if you do not see it listed, you might look into creating your own project preset with 5.1 channel in this regard.
How you want to export your Timeline is a related matter.
Please check out my blog posts for details.
Do not hesitate to ask if you need clarification on anything written.
Thank you for the info. How do I create a new preset. I noticed that your blog posts are details for Windows do you have similar directions for a Mac.
Unfortunately I have no access to a Mac computer and have never worked with one.
But, there are several basic ingredients to this
a. Premiere Elements' New Project Dialog's List of Available Project Presets
b. The .sqpreset file of an existing project preset
If the Adobe .sqpreset files are the same independent of computer operating systems Windows vs Mac and their location is the only difference, this approach should be applicable for the Mac user.
To put this thought to the test, can you find the following files on your Mac computer, named as
PAL AVCHD 1080p50.sqpreset file
NTSC AVCHD 1080p60.sqpreset file
Can you find the lines in each's Notepad document that needs to be edited according to the blog post with its Premiere Elements Windows base?
If so, then the hoped for outcome would be to edit them as per the blog post instructions and then put the edited ones into the location where the unedited ones are found.
To much to hope for, but worth a try. One of my goals for 2014 is to get a Mac computer.
We will be watching for further developments.