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There's a myth about HDMI that the more expensive cables are helpful. This is not the case however that is a bit deceiving. After a certain distance cable quality will matter but for short distances (6' or 6m and under) the cheap cables will work just about the same as more expensive cables. I have a 3m cable I paid 2$US for with shipping and it works as well as the other cables I own.

So long as the HDMI has good connectors, the wire is shielded and there's no breaks in it at short distances it will be just fine so but a cheap one for your PS3 unless for some weird reason you want it 30'(30m) away from the TV but I don't really see that happening..