Originally posted by: DarkManX
yes but keep in mind i also need an upconverting dvd player, the cheapest ones start at 70$.
question... since it does HDMI video only, does that mean for the output to the TV? or will my sattelite receiver need to be hooked up with HDMI + audio cable to the receiver?
None of the HTiB upconverters are going to be any better then the one already built into your TV.
Personally, if you already have a DVD player, I would just start with that and don't let it cut into your audio budget. The difference often isn't huge especially on midsize sets or smaller. Certainly that $70+ bucks will get you a better increase in audio performance than it will in video.
As for your HDMI question. Basically, the only reasons why a person would connect a device to this via HDMI are as follows:
1. They were out of HDMI ports on their TV.
2. They didn't want to change inputs on their TV if they only have 2 devices connected and they were both HDMI.
Otherwise there is no other benefit. You are correct that you will have to make a seperate audio connection should you choose to use HDMI. You could wire the HDMI connection directly to the TV and the audio connection only to the receiver. Many people do this as it results in less cables and sometimes less complexity.