I have had audio cut out after the NXE update using HDMI to connect to my 42" LCD Vizio TV. The audio would cut out periodically in COD World at War and at first I thought it might be the game but it has dropped out while using Netflix as well. My solution is to power off the console and start it up again. Sound returns without a problem. I have my optical audio running to a receiver and the last time my audio dropped from the "HDMI" connection I powered on my receiver and the audio played fine. So far I would guesstimate that the audio has dropped for me about 6 or so times since the update. So while it is annoying, I can get sound back quickly and it's not a consistent problem that crops up frequently.
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