Quick Panny TH-PHD8UK connection question  

After having the panel for about 9 months, I just got my HR10-250 Directv Tivo hooked up, and now have a question about the best way to connect it, and my DVD player back to the panel. I just connected the Tivo via the component cables since I never got around to purchasing an HDMI blade/board.

My question (okay, okay, 5 questions) is, do I need to buy an HDMI blade? Can I leave the Tivo hooked up via component and then run the DVD player via component-to-VGA cable to the PC in slot? Will the PQ be better on the Tivo if I use HDMI instead of component? Is there any difference in PQ between straight component/component vs. component/VGA?

I don't mind purchasing the HDMI blade, but if I don't have to drop $140 on it, then all the better.

Thanks for the response. Unless there are any dissenting opinions, I think I will go that route first.

I have read the debates on component vs. hdmi and it seems that hdmi wins by only a slight margin. If so, I'm not sure my eyes will be able to tell the difference.