I have my cable box running through Component Video 1. My OSD is set to on, and I do not see any OSD Messages either. Hasn't worked like that since I got it. I understand it won't work over the DVI interface, and don't use DVI switch anyways. Yes, I am on the latest code.
I see on page 10 in the manual that you must be using either Composite or S-Video. If it does work over component, it may switch out your video like it does when entering the setup menu.
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Current Setup:
Samsung HL61A750 LED DLP RPTV
Marantz SR5004 AVR / Outlaw 7075 Amp
L/C/R: Ascend Acoustics 340M/C/M
L&R Surrounds: Ascend Acoustics CBM 170
SVS 25-31PC
Panasonic BD55K Blu-Ray Player
Dishnetwork VIP722 HD/PVR.