[quote name='geko29']This is completely and totally false. HDMI 1.1 can carry audio up to and including 7.1 channel, 24-bit/96khz PCM. DD and DTS are likewise no problem whatsoever. 1.3 is ONLY needed to transport advanced audio codecs (DD+, TrueHD, DTS-HD HR/MA) in their still-compressed form.
Pretty much every TV ever made that has an HDMI input is 1.1 compatible and hence supports audio.[/quote]
QFT.
OP, if your TV supports HDMI, then use that only. It will carry both the audio and video signals.
If you have an HDMI receiver, you are in even better shape. I currently run my ps3 to my receiver via HDMI, then from my receiver to my projector via HDMI and from my receiver to my LCD TV via HDMI as well.