If HDMI is a must, I'd wait until manufacturers start supporting 1.3. My Dad had all kinds of problems with HDMI switching and ended up going with component connections. Also note that you can get DVI/HDMI converters, though you will have to run audio cables separately (this is where my Dad had issues on his system, audio switching through HDMI... his system is less than 6 months old, so what's in his is likely in most).
To be honest, this is one of the main reasons I'm waiting to replace my receiver with a pre-pro. Nothing has the HDMI 1.3 chips yet... at least not that I'm aware of. The 1.3 specifications have been solidified, so I'm sure the hardware will be forthcoming before too much longer.
