How to have the perfect setup?

I am getting a ps3 120GB slim a 32” Full HD LCD tv, and a Home theatre system for HD sound and HD video for christmas. I have a ps3 optical cable, ps3 HDMI cable and a ps2 component cable. How do I hook it all up? Do I put the ps3 to HDMI cble to tv and the optical from ps3 to home theatre system and the ps2 to home theatre with component and the home theatre to tv with another HDMI cable. I want to play the ps3 games, dvds and blu-rays.