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From CNET:

Expensive cables aren't worth it
If you walk into your typical electronics store to buy an HDMI cable, you're likely to see prices upward of $50 with promises of better performance and faster speeds. Do you really need to spend that much money on a single HDMI cable?

Absolutely not--those cables are a rip-off. You should never pay more than $10 for a standard six-foot HDMI cable. And despite what salesmen and manufacturers might tell you, there's no meaningful difference between the $10 cable and the $50 cable.