Glad to see it's working for you, tg3.

On the main outputs the 990 will transcode between composite and svideo (both ways), and between composite or svideo to component. But, it will not transcode between component and composite or svideo.

You can freely connect both the composite or svideo outputs of the DVD player as well as the component out, and select the type of input. That way, if you ever connect a better cable than composite to your TV, you can just select the different input type.

Enjoy.