I just spent a maddening couple hours trying to figure out which picture looked better, the new HDMI signal, or the original component video from my cable box.
Observations:
1. The volume level on audio is MUCH higher through HDMI than from the cable box. Does that mean the audio and video signals are more powerful through HDMI than through the analog outs of the cable box, or does it just mean the cable box gain is lower than my TV set's?
2. At first, I was pretty pissed I sprung $35 for an HDMI cable. Suddenly, everything looked blocky and pixellated on regular cable channels (not HD) through the HDMI. Then I started to adjust the "sharpness" function on my TV and sorted that out. My TV allows you to have individual picture settings for each input in the rear, a really nice feature as the output of your DVD player, cable box, and now I see HDMI is very different, and the picture has to be adjusted separately for each one. Needless to say, this makes apples-to-apples comparisons harder.
3. Now that I eliminated the extra blocky-ness I could try to compare. I was very disappointed in that detecting these differences is incredibly hard. Complicated by the fact that it takes my TV a good 15 seconds to cycle between the HDMI and regular component outs with a black screen in between, so I can't do instant A/B. And when the switch finally happens, you are no longer looking at the same picture you were before (you get new camera angle or whatever).
4. In any case, these differernces are miniscule. I was expecting that using the pure digital signal of HDMI would clean up graphics and prevent ghosting or bleeding or other artifacts, but it doesn't. At first, I thought black levels were a bit better on HDMI, now I can't vouch for it. One thing is for sure, the colors on HDMI are more bling-bling and in your face, especially red. Again, this requires some extra tweaking of the picture to normalize it. But once you do, trying to detect differences is almost impossible.
Bottom line, I was hoping for obvious differences that could be easily detected but didn't get them.
Maybe, *maybe* HDMI is a hair cleaner with a miniscule amount of fewer artifacts, but that may be wishful thinking/placebo at work...