I love showing people Monoprice HDMI cables for a $1.59 right after they bought 30-40 dollar ones.
I will say that the cheapest of the cheap might be too cheap just because of general build quality. I have seen a couple bad cables from monoprice/amazon. Doesn't happen to often but does happen. I guess while I trust cheap HDMI cables I'd still recommend to not the the absolute cheapest one.
Pan TH-50PZ800U Onkyo TX-SR805 Axiom M80 (2) Axiom VP180 Axiom QS8 (2) Axiom EP500 PS3, Harmony One