My mate has just bought my 32" Mirai HDTV off me and I was looking around everywhere for my spare HDMI cable but couldn't find it - I did find out my component cable though and threw that in instead.
I was wondering what the official word is on the difference between the two. Is it true he wont be able to play BD films in HD via component? I have checked the PS3 FAQS thread but I'm still not 100% clear on the whole thing!
I was wondering what the official word is on the difference between the two. Is it true he wont be able to play BD films in HD via component? I have checked the PS3 FAQS thread but I'm still not 100% clear on the whole thing!

*EDIT* - how cheap are you talking? Unless I'm searching for the wrong sort of thing they still seem expensive? (£50+, either a 2 into 1 adaptor or entire splitter box)