v1.1 is only a benefit over coaxial/optical if you are looking to send those three new HD formats or DVD-Audio from your player to your receiver digitally instead of as multichannel analog.
That ignores those of us with PS3s as our blu ray player. No multichannel analog. If Outlaw had an HDMI solution today, I'd buy it to upgrade my 950. As it is, I'll be waiting awhile until something a little cheaper than an AVM40 is available (and that has no issues with 1080p signals).
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