I’m assuming that your 360 doesn’t have a HDMI port, because those are standard on PS3.
I wouldn’t suggest sinking too much money into a converter. Hook up the PS3 HDMI and get one of these .
http://sewelldirect.com/MayFlash-YPbPr-to-RGBHV-VGA-Box.asp For the 360. I used one for my PS3 for a year until I saved up enough for my HDTV. It works well enough.
If your 360 doesn’t have HDMI then it’s probably an earlier model and thus almost guaranteed to Red Ring of death on you at some point. So I wouldn’t suggest getting a $200 converter
My 360 and PS3 both have HDMI ports. The issue is that my video capture box only has a component in/out. So I need a way to convert that component signal into either HDMI, DVI, or VGA.
I know almost nothing about VGA. If I use a component to VGA adapter like this one (or the one mentioned above), will it still provide me with a 1080p signal, and will it be lag-free?
If not, is there something else you can recommend?