Install this now to future proof your AV equipment. Many of the HDMI cables being sold in larger retail stores and on this site are older 1.2 or 1.3 version stock and generally $40 or more! They will not carry 3D signal from PS3 to a new 3D ready TV.

This 1.4v of HDMI cable has the advantage of:

-Audio Return Channel -4K 2K Resolution Support -3D Ready

This cables also allows connecting any Internet ready TV, Xbox or AV receiver to the web with single cable at the rate of 100Mbps.

Check out the complete specs at: http://en.wikipedia.org/wiki/HDMI (half way down the page)