2. home-theater
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will there be a collapse in processor prices

The ease of connections via 1.3a hdmi and implementation does not bade well for those processors with no hdmi connectors. Already onkyo(and integra) have stolen a march on other brands, and demand is great. What will happen when the audiophile processors start to sport hdmi connectors? I see a 50% reduction in value.
mig007

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stereo
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HDMI is necessary for some DVD players to pass a HD-DVD sound signal. The new Toshiba HD players can only pass this via decoded PCM data through HDMI. If I used my HD-A1's optical output HD-DVD audio would not be possible.
The Sony PlayStation 3 passes SACD already decoded through HDMI using PCM.
IMHO it would be a waste to spend money on any processor that doesn't support HDMI 1.2 minimum.
I purchased a new Pioneer Elite receiver and use an external amp. This combination is really nice. Most of the new $800+ receivers have HDMI, upsample video and have preamp out puts.
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