Pros: cable versions are important v1.3b being the latest in hdmi

check out the link below

http://en.wikipedia.org/wiki/HDMI

Cons: prices can alway be better... Right?

Other Thoughts: Versions
Devices are manufactured to adhere to various versions of the specification, where each version is given a revision number. Each subsequent version of the specification uses the same cables, but increases the throughput and capabilities of what can be transmitted over that cable. The need for a new HDMI cable if you already have one really depends on the cable (which also has an HDMI rating). The main thing to consider is if any current cable would be able to handle the increased bandwidth—for example the 10.2 Gbit/s that comes with version 1.3. Cable compliance testing is included in the HDMI Compliance Test Specification (see TESTID 5-3), with "Category 1" and "Category 2" defined in the HDMI Specification 1.3a (Section 4.2.6).

A product listed as having an HDMI version does not necessarily mean that it will have all of the features listed under the version classification: indeed, some of the features are optional. For example, in HDMI v1.3 it is optional to support the

Pros: Makes up for other things you lack I guess.

Cons: Gold plating on a digital signal? Seriously? Just get the cheapest one you can find. I pity anyone who pays for a monster cable.