how can i cost effectively connect 4 HD sources to 3 TVs?

Question

Trying to set up a customer that has 4 HD sources - 2 cable boxes, 1 DVD and 1 bluray
these are to be connected to 3 LED televisions

currently there is only an RG59 coax with BNC connectors on either end.
I plan on pulling 2 CAT5 cables and using HDMI baluns on either end of the cable to get HDMI to the televisions - i need to find an affordable switching solution for the head end 

i considered using HD RF modulators instead of running new cable, but they are several thousand per channel (4 channels needed)

i have found 4x2 HDMI matrix switches in the $100 range, but most 4x4 (have not found and 4x3) matrix switches that i see are in the $800+ range... 

what is the most cost effective way to connect 4 HD video sources to 3 LED HDTVs? 

customer wants it to come in under $1,000 which i am finding very difficult 

feel free to PM me or email me at NYPHONEJACKS / at / yahoo / dot / com if you need further info

Ben · Accepted Answer

Edit: It's in stock on Amazon for ~$185
http://www.amazon.com/Matrix-Powered-Switch-Remote-Controller/dp/B003L1AEHE

Also, Monoprice (below) expects it to be back in stock by Friday.
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Here is a 4x4 Matrix HDMI switch for just over $150
http://www.monoprice.com/products/product.asp?c_id=101&cp_id=10110&cs_id=1011002&p_id=5704&seq=1&format=2#description

One thing to be cautious of when you're using HDMI baluns is to ensure they are fully HDCP compliant. If not, the client may have trouble watching encrypted video sources like Blu-Ray movies.

how can i cost effectively connect 4 HD sources to 3 TVs?

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