If you want to get technical, there is no such thing as digital.
The 0/1 idea is a massive simplification, the signal is really made up of two ANALOGUE voltages. As such the signal is subject to exactly the same interference and crosstalk effects that a scart cable would be.
However the effects are far less apparent and tend to mildly distort or blur the '0/1' boundary, but this is generally corrected by the receiving equipment.
For this reason, 90% of the time the cable will make very little difference, but I do have one provided by SkyHD that introduces random bright pixels when passed close to a mains lead - the distortion reaches a level where the error correction essentially makes a guess or interpolates form the surrounding picture.
All very well put, and I'd add a clarification, that for HDMI, any errors introduced due to a poor quality cable manifest themselves as mentioned above, as 'sparklies' or little tiny brightly coloured pixels in the image, they don't make the image less sharp or introduce distortion or make the colours washed out etc..
The main reason to spend a little more on HDMI is to stop any possible chance of getting these 'sparklies' when some interference is around, in my experience, that's more likely when you start increasing the cable length over 3M as a rough guide.. And even then, £10 spent at the right place will yield a pretty decent 5M cable..


