Belkin released a HDMI 2 to 1 Switcher. Connect 2 HDMI Devices to your HDTV and easily interchanged.

Currently available in the US and Canada, Will come to Asia, Europe and Australia in March 2008.

HDMI 2-to-1 Video Switch (AV24503tt) – $49.99 (UPDATED 12/07, Price Correction to $54.99)

* Supports 480i, 480p, 720i, 720p, 1080i, and 1080p resolutions
* Maintains highest HDMI single-link video resolution
* Powered by HDMI cable connection to HDTV
* Works with HDCP-compliant devices
* Connects and switches both HDMI and HDMI to DVI cables
* Selects inputs from the IR remote control (included)

Belkin.com