Hey,
Just wanted to let you know that I contacted the MonoPrice.com sales people (a couple days after I bought my MBP on release date). They are saying that they will, indeed, be carrying a Mini-DisplayPort to HDMI cable. The only downside, is that they apologized that it wouldn't be available until Late January 2009. I promptly emailed them back saying not to apologize, at least they're intelligent enough to release a cable Apple STILL hasn't released. Anyways, just wanted to let you know that it IS coming, but isn't here yet and will be a 3rd party cable, through the best cable manufacturer around. Hopefully, they stick to the Late Jan 2009 time frame they gave me.
-RS
Edit: Also, I am currently using the MDP->DVI adapter and a MonoPrice DVI->HDMI cable. I just think it's a load of crap that for the $30 I spent on the adapter, it's only 4" long. Yet the 6 foot DVI->HDMI cable I bought from MonoPrice was only $4. As for your audio concern, as far as I know, the current MBP's do not support audio over MDP anyways, so the MDP->DVI->HDMI isn't a big concern really, just an annoyance. Once the MonoPrice MDP->HDMI cables come out I'll be replacing the two adapter solution for sure, and selling the dang Apple adapter.