If you have an early HDTV which only accepts component, say like a 1080i Sony WEGA, perhaps you could get away with using a Playstation 3 Component Cable? I suppose it's unlikely that you would but since you mentioned HDMI, rather than HDTV in general. I suppose the situation's unlikely but it's worth mentioning since you could stand to save a lot of money on a new set if that does just so happen to be your problem. I hear most playstation 3 games don't output 'true' 1080p anyway.
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