As the title says, for the price (around £2.20) you really can't go wrong with this product. Purchased it as they don't include one with the PS3 (ridiculous if you ask me), and it works fine, no problems at all. What I particularly like is that it is short (0.75m) which is ideal if your PS3/Blu-Ray player is close to your TV and you don't want yards of cable cluttering things up.
A word of warning when it comes to HDMI cables, many people will tell you (wrongly) that you need to buy a more expensive cable, as it gives you a better picture. Don't listen to them. HDMI is digital technology, therefore if all the information gets transferred correctly and completely from one end of the cable to the other, then the picture will be the same regardless of the cable (if it doesn't do this it will be immediately clear, no picture, very distorted picture, etc.).
There is a placebo effect at work here where people claim to see a better picture from more expensive cables (it's their brain saying "it must be a better picture as it cost 50 times more than another cable").
What I will grant them is that the more expensive cables are very well put together, and therefore less likely to have an error, but at the prices being charged they are simply not worth it. If you buy a cheaper cable and is doesn't work properly, send it back, simple as that.
Don't get me wrong, I will pay a premium for quality, but in this case the numbers just don't add up.
Buy this cable, it does everything you want for very little money.