Hey coop52: For sure i2s (over HDMi) is both an excellent data transmission protocol -and SQ also influenced by 'quality' of HDMi cable.
My set-up (computer audio/Streaming) is both recent and modest; Pi3B (AQ Carbon USB to), Gustard X-20PRO DAC/w usb input. Prior to purchasing the AQ Carbon USB cable, SQ was very AM Radio-ish (using generic usb cable). AQ CArbon = OMG, Hi-Rez hi-fi. Not kidding.
Months later, I thought I'd try the HDMi input on the Gustard (X20pro DAC). Not having a HDMi 'transport', I thought perhaps I'd pick-up a spdif converter offering up i2S (Gustard U-12). With a 15-ft generic (lol) HDMi, although far from excellent, was doing something (quite positive), so I thought it would be worthy of further exploration/experimentation.
So, some cheapy AQ Pearl (2.0m) and model up Forest (2.0) HDMi cables it was. Forget the Pearl, OMG -the 'Forest' HDMi) from U-12 (over HDMi) to i2S DAC was/is amazing ! (I'll creep up the AQ line (next is Cinnamon -on order), then Carbon, then Vodka -the highest I'd consider for my set-up.)
But low/behold, my brother let's me use his Vodka (1.5m) HDMi (just last night).Is it better? I think so. But, it sat (unused) for a couple months, and I'm not certain it even has the requisite break-in time. So, (only getting it last night), I'll run it for a while and report back (if I remember).
What is very clear however, is the immense SQ gains going i2S -even with a very modest Audioquest 'Forest' HDMi. I'd imagine 'Word Clk' (over BNC) offers similar/superior SQ (vs. i2s).
Yet, even with the $50.? AQ 'Forest' (HDMi), SQ has never been better. It is excellent.
pj