Audioholics talks about what's the matter with HDMI:
HDMI, as we've pointed out elsewhere, is a format which was designed primarily to serve the interests of the content-provider industries, not to serve the interests of the consumer. The result is a mess, and in particular, the signal is quite hard to route and switch, cable assemblies are unnecessarily complicated, and distance runs are chancy. Why is this, and what did the designers of the standard do wrong? And what can we do about it?
The story begins with another badly-developed standard, DVI. A few years ago, there was a movement within the computer industry to develop a new digital video display standard to replace the traditional analog VGA/RGBHV arrangement still found on most computer video cards and monitors.