Newsbeat: "Budget 10% of system setup price"
Soory but that is absolute bollocks. The only possible reason to spend more than a tenner on a hdmi cable is if it had to travel further than 10 meters. As others have pointed out, all a hdmi cable does is transfer digital information (1s and 0s) between two pieces of equipment. You'll only likely to get problems if your trying to send a full 1080p image with 7.1 dolby dts over a large distance.
Even with a home theatre setup, the distance between any two devices is still likely to be under 2 meters so even a couple of £10 cables should be fine.
I read an in depth review about this a month ago when a 3m cable costing something like £1000 came out. The reviewers used special software to test out some different cables of varying prices. They all gave the same results apart from a $2 cable from ebay that had broken connectors and so didn't work!
So in short, don't waste your money, just find a cable for about £10.
I bought mine from Maplins a year ago so I could run my lappy through large plasma TV. Cost about £12 and works brilliant!
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