HDMI is transitioning from version 1.1 to 1.3.
1.3 allows all kinds of nifty advantages due to its higher bandwith (ability to move more bits per second).
Assuming the "3" in "HDMI-3" refers to version 1.3, you are buying a more advanced cable which accounts for the price difference.
There are currently only a handful of players/receivers that support 1.3 (e.g. Toshiba) but should be many more by Autumn.
1.3 allows all kinds of nifty advantages due to its higher bandwith (ability to move more bits per second).
Assuming the "3" in "HDMI-3" refers to version 1.3, you are buying a more advanced cable which accounts for the price difference.
There are currently only a handful of players/receivers that support 1.3 (e.g. Toshiba) but should be many more by Autumn.