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Agree on both counts.tds4182 said:IMO, the biggest advantage of HDMI cables is that they give you a "one cable" solution that carries both video and audio.
I've purchased several cables from monoprice and have been very pleased with their performance. The $125 Monster cables are, IMHO, a waste of $$$.
HDMI is a nice one-cable solution for applications where sound from the TV itself is all that's needed. We have one of our plasmas connected that way. As far as picture quality goes, I really can't tell any difference between component and HDMI on any of our televisions.
Monoprice sells quality cables at great prices.