With HDMI, I have both video and audio traveling over a single cable. That is _extremely_ convenient. DP _theoretically_ supports audio too, but AFAIK that's not widely implemented.
> That is _extremely_ convenient. I'm open to having my mind changed but I have not really experienced this extreme convenience in practice. The vast majority of things I plug a HDMI cable into either don't have speakers or if they do, the speakers are a bad quality afterthought. In actual fact, what has been an extreme inconvenience is the OS thinking I want HDMI audio instead of whatever much higher-quality* altern…
Here's where ARC/eARC really benefit me, and I don't see how this problem could be solved with DisplayPort.
I have a PC and a PS5 that support Variable Refresh Rate (VRR) over HDMI. I bought a new TV last year that also supports VRR, but I did not want to replace my perfectly adequate 3 year old reciever that does not support VRR. Even today, VRR support on recievers is questionable at best, and most users likely want their VRR devices plugged directly into their TV.
Thanks to eARC, I can plug my PS5 or PC directly into my TV and have it send the PCM 7.1 surround sound audio to the reciever over HDMI. I can still leave other devices like an Apple TV or Blu-Ray player plugged into the reciever, and everything just works.
Without eARC, I would have to fall back on TOSlink. That means extra cables, and dropping down to compressed dolby digital 5.1 if I want to keep surround sound. Using dolby digital on a game console incurs a pretty noticeable latency penalty, which is why they all default to PCM.