I'm going to disagree with he above.  It's only a matter of less than a yr. before HDMI 1.3 will be available in most devices and once the technology is in place, it's only a matter of time before sources get caught up and we see some of those applicationsused.  Below I've posted from a site on the history and capabilities of HDMI versions.  My biggest gripe with a co. like Bryston is perhaps not making available HT Bypass on a product that the BP-26 so those of us who care about 2-channel but want the latest in HT as quickly as possible can make a choice that is right for that particular individual.  My bedroom system backs to my main system (and they are interconnected to a degree) and I'm waiting on a TV until I can get 1080p (so I can feed both systems from the same player or PC whatever I end up with and have the same resolution) and HDMI 1.3 (probably late in the summer).  For the size of the bedroom TV I have and will get (40 inches) for that system I really won't see tons of difference in video quality (and it does not get used tons) but it will be nice to have one player w/o going into the set-up menu every time I play a disc on a different system.  I'm waiting on the bedroom rec'r for HDMI 1.3 too.  The rec'r (I have now) is 6 yrs. old in the bedroom and it will be more than fine for use with the sound card out of my PC.  A bit longer is not the end of world.  I have not sent my SP 1.7 in for upgrade as I want the HDMI issue resolved (unless James tells me HT Bypass is coming to the BP26) and the unit sent away and then it can stay in place.
http://www.geardigest.com/2007/01/08/hdmi-past-present-and-future/"Here is a brief overview of the version history of HDMI:
HDMI 1.0 - 12/2002 
Single-cable digital audio/video connection with a maximum bitrate of 4.9 Gbps. Supports up to 165 Megapixels/second of video (1080p @ 60 Hz or UXGA) and 8-channel/192kHz/24-bit audio. 
HDMI 1.1 - 5/2004 
Additional support for DVD Audio content protection 
HDMI 1.2 - 8/2005 
Additional support for Super Audio CDs 
HDMI Type A connection available for PC sources 
PC sources can use native RGB color while retaining the option to support YCbCr color. 
Support for low-voltages sources 
HDMI 1.3 - 6/2006 
Single-cable digital audio/video connection increased to 10.2 Gbps 
Increased color support, including 30-bit, 36-bit, and 48-bit color depths (RGB or YCbCr) 
Supports xvYCC color standards 
Supports automatic audio syncing capability 
Supports output of Dolby TrueHD and DTS-HD Master Audio streams (audio codec formats used on HD DVDs and Blu-ray Discs) for external decoding by AV receivers. 
Availability of a new mini connector for devices such as camcorders. 
................
Feature HDMI 1.3 
Maximum Data Rate 10.2 Gb/s 
Maximum Resolution 2560x1440 progressive (1440p) 
Maximum Color Bit Depth 48 bits 
Maximum Colors Displayed 281 Trillion 
Maximum Audio Sample Frequency (2 channels) 768 kHz 
192 kHz (8 streams max)"