I currently only own a Wii and standard dvd player with only component output. It's hidden in a closet along with my cable box(hdmi) and receiver. I have single 50ft hdmi running to a new Sony 52xbr4. For the time being I don't want to buy a BD player. But I want to hook everything else up via an hdmi switch. So I'd like a cheap way to get the component signals converted to hdmi, run those into the switch, then to the tv.