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I need some help...

I didn't want to spend a gazillion bucks on a sound system, so I was just looking at entry level 5.1 systems. I almost bought one when I realized that the amp only has a HDMI-out port. My first thoughts were, where the hell do I plug in my HDMI from my PS3!?

So then the useless salesmen was clueless and pointed me to a very expensive system that did indeed have an HDMI input. Well, I'm not looking to spend that kind of money right now so that won't work...

I am rather clueless on this subject, so if someone could answer:

 

1. What type of setup do I need to plug in my PS3 so I can enjoy my games in 5.1? What is the specification called?

2. Is what I'm looking for necessarily super expensive?

3. My S-Video port on the PS3 doesn't work anymore, so I'm not even thinking of using the red-yellow-white cable. It would sacrifice visual quality anyways.

 

THANKS!