component video question?

Hello, I just upgraded my tv and am now looking to go to a component video connection. The problem is that my current home theater reciever is not equipped with component video. I am going to have to go directly into my tv from my dvd player. Everything else is going to be routed to the reciever via s-video connections. My question is this. Should I just forget about the component video connection and make it all s-video. I've heard that your picture settings can change drastically from an s-video connection to a component video connection. Any help will be greatly appreciated.