QUOTE(mikelee @ May 23 2006, 09:06 AM)
A question to all, I am planning to get a lcd tv soon. However i wanna ask is HDMI input really all that important? For future use? I know ps3 will have HDMI but however will component connection gives me the same display quality or not?
AFAIK, technically component video CAN handle up to 1080p (from Wikipedia). However, the impact of HDMI will only be seen once 2 things happen:
1) HDDVD or Bluray wins the format war;
2) Hollywood finally implements their HDCP-ICT anti-piracy initiative
HDMI is just digital video with audio built into a single cable. For now, that's the only thing it is. However, when (2) happens, any HD media that has ICT implemented will automatically be downgraded to 540p when it detects an analog (ie component) connection. Sure, it's better than 480i, but do you really want to be stuck with 540p when you KNOW you're missing out on 1080p (Sony we're looking at you)?
That aside, in terms of quality, and while Hollywood makes up its mind whether to use ICT and when, on a sub 50" TV component/HDMI/DVI won't look much different. So it depends on whether you want to be future proof, or just decide to not worry about it until the time comes.
Having said that, I guess it's better to invest wisely...