It has all the same DRM as any BD discs. It is, in fact, just another BD disc with no special features.
The super high-res audio requires most of the bandwidth available from BD players, which is why these don't contain video. But you can still have 5.1 24/96 audio with full motion video on a BD. Bandwidth is the reason that 7.1 audio is limited to 24/96 and 5.1 is allowed up to 24/192.
mShuttle is just a feature made possible by BD-Live JAVA programming, which presents a web page on your local network, accessed by IP address.