From what I understand....
HDMI is a digital signal. When it comes to digital, you either have a signal, or you don't. It's 1's and 0's. Bits and Bytes. There can be no difference in quality between a $2 HDMI cable and a $60 cable.
However....
The cheaper cable will most likely be made of cheaper materials and offer less shielding, possibly exposing the signal to more interference (which with cheaper materials, will probably get worse over time).
But if the cable is so bad that interference is a problem, the receiver would likely lose signal and cut out completely or not even register. So a cable either works or it does not.
In short, an HDMI cable from MonoPrice will offer the exact same quality as the most expensive HDMI cable you can find.
I used to have a travel thread on Beyond. I used to be somebody.