448 Dolby is common on DVD movies, its also the maximum permitted by the official DVD specs. 640 is the maximum permitted by DolbyDigital specs, without moving the DolbyDigital Plus. 640 is the "standard" for dolby digital on HD-DVD and BluRay
DTS 768 is pretty much the norm for region 2 DVD, which is a shame as its considerablly less good than 1536 (Which is very nice). To be honst 640 dolby sounds better than dts @ 768.
DTS is often encoded louder, with a bass lift, while Dolby generally has normalisation in it, so that vocals sound the same from disk to disk. The mixes are generally slightly different so its very hard to do an A:B comparison between DTS and Dolby.
Both DTS@1536 and Dolby@640 are extremely close to an upcompressed PCM soundtrack, to the extent you need very good ears/speakers/amps to tell the difference, assuming they are recreating the same original mix. Thats not to say that the mix wont be changed to artifically make the "better" codecs sound different.
To be honest, they are both very good.