Re: PS3 and High Def via Component?
Yep. I just use component output (via the ~$20 breakout cable) for 1080i output to my non-HDMI RPTV -- it doesn't offer 1080p via component out, but that probably won't matter. And like Stephen points out, only thing you cannot get is upconversion for regular DVDs, which is par for the course w/ most any other players whether Blu-ray or HD DVD or regular upconverting DVD players. Oh, it also does not pillar-box 4x3 DVDs via its 480p component out, if that matters to you.
_Man_