I have a Philips SACD-1000 (DVD video player and SACD multichannel player) and I use a S-Video connection since the european model doesn't have component (the cable is a 35 feet Bandrigde Profigold - around 30$ here in Europe).
I currently have a Mits x390 and consider the S-Video in as unacceptable. The internal scaler is not very good. I am using a HTPC and the picture is excellent. Using even an inexpensive DVDO will make a huge difference.
This is my first experience with Mits and I have had unit for one week. The picture with S-Video input was not green it was just lousy scaling. With the HTPC and the Mits I got an immediate gorgeous picture with both the HTPC Video Overlay and the projector set at defaults. There has never been a hint of green. I would think with the cinematrix you have a spectacular picture. I would try testing unit with much shorter lengths of cable and different cables to see if there is any difference. If not I would ask for a replacement from dealer or Mits.
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