Here's my situation. My brother has a older 50" Toshiba TV with only component inputs, no HDMI. I got him a Panny BD 60 player for Christmas. I also got him a Toshiba HD-A2 for Christmas a couple of years ago. He currently has a nice but older Denon receiver with no HDMI inputs. He is getting a new HD TV later this year but I wanted him to be able to hear the lossless audio from the two HD disc players. I picked him up a Yamaha RX-V465 since it was cheap and decodes the lossless formats. I was thinking I could hook the HD players up to the receiver via HDMI thus being able to get the lossless sound. I was thinking I could just use component video outs to the TV. Reading the receiver manual it appears that it will not output any video via component that originated from the HDMI receiver. I could use the component video outs from the HD machines directly to the TV but I am guessing that with the HD Players I have to select either component video or HDMI out and not be able to use both. He lives out of town from me so I have not comfirmed this. Are there any other receivers that would provide a component video signal out from a HDMI source? Just trying to decide if I can get better receiver and fix this now or if I should just hold off on worrying with the lossless sound until he gets a new display with HDMI inputs.