I got the converter and tried it this weekend... no good.
Either the 1050 can't handle a step down, or the converter just didn't work. I don't know. All I know is, it kept dropping out so much worse than the Harry Potter DVD! lol
I connected the Xbox direct to the optical connection and it worked like a charm, but going through the converter it didn't work.
I then tried my DVD player... same result, sound drop-outs constantly.
I am returning not only the converter, but also my component switch box. I am now getting an Audio Authority 1154 switch box which switches both component and optical!
Had to order one more Outlaw PDO to be able to hook everything up though.
Should hopefully have everything by Friday and have it all running by Saturday.
Larry