Freesat - with Blueray or Without? Help Please!

[LWA]

Hey all,
I have a LG50PC56 plasma with the following connected:

• Sky+ (AV)
• DVD + Surround sound all in one - HDMI

Now I would like to replace the Sky+ box with a Freesat box and add BlueRay playback capability. I have a PS3 - for BlueRay - but given my TV has only two HDMI ports, I have the following options:

1. Purchase a Panasonic free sat box with Blueray (Many £s!) and sell the PS3 (I don't play on it much anyway)
2. Purchase a Humax and a HDMI switcher of some kind and connect them all to the TV (including the PS3)

Could someone tell me whether I am missing another option here?

If anyone could offer some advice on what they would do with this setup it would be appreciated.

Thanks in advance,
Leon

P.S I have posted this on AV Forums as well but I'd like some Hexus input as well!

[LWA]

Okay speaking to a couple of friends, they are suggesting keeping the PS3 and going for a HDMI switch, so here's the plan:

Freesat Box – £229.95
Humax FOXSAT-HDR Freesat+ 320GB HD Digital TV Twin: Amazon.co.uk: Electronics & Photo

Optical cable – £4.99
XO Digital Optical Cable 3m / 3 Metre Premium Install: Amazon.co.uk: Electronics & Photo

HDMI switch – £19.95
Neet® - 3 Port HDMI AUTO SWITCH 3x1 Mini Hub Box 1080p: Amazon.co.uk: Electronics & Photo

HDMI Cable - £1.67
1.8M HDMI to HDMI Cable - Gold Connectors - For Use: Amazon.co.uk: Electronics & Photo

Total: £256.56

Setup

1. Connect Freesat to ex Sky cables
2. Connect Freesat, DVD player and PS3 to HDMI switch
3. Connect HDMI switch to Plasma
4. Connect TV optical out to surround sound

Any thoughts?

Thanks,
Leon