From jason's last link when i was doing the same type of connection i did this and it supplied good sound. But of course as is stated it involves an additional cable beyond the HDMI cable.
1) Passing audio directly from your analog onboard or add-in sound controller to your HDTV analog audio input. This method is fairly simple and involves using a 3.5mm to RCA stereo audio cable. The 3.5mm connection goes into your sound card while the other end goes to your HDTV's RCA input (some HDTVs may use a 3.5mm analog audio input instead of an RCA input in which case you would need a 3.5mm to 3.5mm cable instead). This method is recommended for NVIDIA GeForce FX, GeForce 6, GeForce 7 series or GeForce 8 series GPUs (i.e. GeForce 6600, GeForce 7900GT)
truenorth