[quote name='jer7583']Most newer widescreen LCD's have a DVI input. This is basically HDMI without the audio. Monoprice sells a $4 converter cable from HDMI to DVI. Works perfectly for my PS3 and 360. It's actually cheaper to hook the PS3 up to my monitor.[/QUOTE]
I don't know why I didn't think of this... maybe I will heavily reconsider a PS3 purchase sometime soon -- plus in the short run, to buy that adapter, as I have an Elite 360. IMHO the HDMI->DVI conversion may be better, because with the third party VGA cable I use, I have slight ghosting with the color white.
Edit: So in a nutshell, you can ignore a lot of what I said, and buy anything with HDMI or DVI, and you're set. Of course, the VGA option is still available for older 360 owners.