Why isn’t the PS3 HD Ready?

I’m curious as to why the PS3 isn’t HD ready. I think it’s wrong that after being on the market for this long, having many SKu changes, and boasting the title of "the best multi-media device on the market"… the PS3 is not HD ready out of the box. They don’t include component or a HDMI cables and yet.. the PS3 is the most expensive console on the shelves. I can’t imagine a company more disconnected from it’s user base than this.

 

(by the way, if you are going to defend Sony here with some half-witted comment… don’t bother unless you play your games in standard definition).