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The cable is fine, no issues. I move my consoles around a lot between projector and living room. Disconnecting and connecting the cables all the time, rotating the consoles with the cable in so the kids can't get to the disc slot. I never had a problem with ps3 in 7 years, no problem with ps4 so far either.
(I wish there was an eject lock, my 2 year old always tries to get the disc out...)

I've only had a problem with a monster hdmi cable in my amplifier, the cable is so thick and heavy that it is tugging too much on the hdmi port and loses connection. I had to prop the cable against the wall keep it in place. Since then I've only bought cheap flexible cables with no problems.