General consensus is that three cable component is still the best way to go. My own HD projector has only one set of component inputs so I use 3 cable component connection for my satellite and the 15 pin input for my seperate OTA (off the air) reception and I really don't notice much of a difference.
I have also used both component-to-15 pin cables and three cable component to 5-pin cables with success. These are available at www.A2Zcables.com
I have also used both component-to-15 pin cables and three cable component to 5-pin cables with success. These are available at www.A2Zcables.com