Well done mate, welcome to the club! If youre using the component cable with a hdtv dont forget to flick the little 'hd' switch on the cable...i forgot the first time i plugged it in
I am soooo tempted by this offer and have been looking at it for a while now, my sticking point is that i have £290 of capital bonds set aside of my 360 purchace and no one (who accepts Capital Bonds) can get near this offer!!
Enjoy your new purchase and hopefully i shall be joining you all soon.
Best bet - just play games with both settings and see which you prefer.
Beauty is an eye holding the beholder, or something.
I actually much prefer using VGA, though for backwards compatibility it is a major arse pain as a lot of those games play at 50hz which is not supported over the VGA cable for reasons I do not understand.
Lots and lots and lots of threads about component vs VGA. Conclusion: do what's best for your eye, or eyes.