1) If you have multiple components with HDMI components (HD cable box, HD satellite receiver, Blu-ray, HTPC, etc.) you only have 1 HDMI cable going to your TV (the one from your receiver) instead of a whole bunch of dangling cables.
2) You only need to do your switching at one source (the receiver) instead of twice (receiver & TV inputs).
“An engineer explained to us that hundreds of ear impressions were gathered in the name of research, and while each one obviously boasted its own unique shape and size, one single characteristic remained uniform across the board: the entrance into the ear canal is not a perfect circle, it's an oval.”
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There are 2 benefits here that I can think of:
1) If you have multiple components with HDMI components (HD cable box, HD satellite receiver, Blu-ray, HTPC, etc.) you only have 1 HDMI cable going to your TV (the one from your receiver) instead of a whole bunch of dangling cables.
2) You only need to do your switching at one source (the receiver) instead of twice (receiver & TV inputs).