Here is a link to the monoptice hdmi 1X2 splitter - this seems to be some kind of a Y cable. Its just a passive connection.

item number 2522
link to Monoprice hdmi splitter (unpowered) (http://www.monoprice.com/products/product.asp?c_id=101&cp_id=10113&cs_id=1011303&p_id=2522&seq=1&format=2)

Sources:
HDDVR, BD player and hddvd player (to be acquired). Lets say I have three HDMI sources.
Display: Sony HS51 with hdmi input and a 9" CRT projector with a HDMI to RGBHV converter.
The two projectors are in two adjacent rooms but use the same above 3 sources.
Just for discussion, assume I have two receivers for the two rooms, each receiver having 3 hdmi inputs.

There are two options for me:
1. To buy item 2522 from monoprice and connect both receivers to each of the sources
2. Buy the monoprice #3728 link: (http://www.monoprice.com/products/product.asp?c_id=101&cp_id=10110&cs_id=1011002&p_id=3728&seq=1&format=2)

Are there any issues related to the use of the HDMI 'Y' splitter simultaneously with two different displays?

Thank you.