I wouldn't buy a passive splitter like that one. A passive splitter will cause the HDCP handshake between devices to fail. HDCP is "High Definition Copy-write Protection" and most HD sources (ex. Blu-ray players, HD Cable box, etc.) require it to output an HD signal. You should go with a active splitter like this one from monoprice. http://www.monoprice.com/products/product.asp?c_id=101&...
Do you know of any other well known brands that are cheaper? $34 is kinda high for my needs. I'm gonna tear it apart and put inside of a different enclosure.
If you search the internet you maybe able to find a cheaper splitter, but I doubt it. I have bought "name brand" splitters (that cost twice as much as monoprice) and had problems with them, but have never had problems with multiple Monoprice splitters.
IMO you can't find a better splitter for a better price.