Now to help out with troubleshooting this here is a pic and what I think is going on:
Notice that the jacks are allegedly on the bottom and front for the speakers, only issue is there is no jack on the bottom and the front jack is for the headphones. the 10-18-2012 update that HP is tossing around ignores the fact that there is no bottom jack for the HP 4530s, g7, pavilion and dv7. I've had all of these over the years. It seems someone wrote a driver that is one size fits all and totally missed that these speakers are located someplace else.
So the question is, how do we reassign the location so it puts sound to the speakers?