Because now you do not have Digital 5.1, just stereo surround.
In order for composite audio cable to carry 5.1 audio you need 6 audio connecters to transport the full AC-3 sound. With left and right audio you will receive Dolby Pro Logic which converts stereo to 4 channel sound (left front right front, surround and center). HDMI on a single cable will carry full 5.1 Dolby digital, DTS and even 7.1 audeo.
