So Today I received my Dr.Bott Digital Video Link, which I bought off Amazon at the above link in my previous post.
And I don't regret it at all.
I did a lot (and I mean a lot) of research before jumping the gun on this. Loads of online reviews, loads of Youtube videos on every type of converter out there.
My main reservation was artefacts, sorta like JPEG compression that might result from the conversion process. Youtube videos would not show these kind of defects and I couldn't find any confirmation otherwise.
I'm happy to say that the quality of video is 1:1. It is astounding and there is absolutely no loss at all. No lag either.
The only complaint some may have is the 720p restriction, but seeing as I'm using this with a 360, this is negligible. There are about 10 games max out currently for the 360 which output at 1080, everything else is 720 or less. So there is no loss in quality at all. Coupled with the fact that my 27" iMac sports a resolution of 2560x1440, which is exactly double the 1280x720 resolution, all it results in is a pixel doubling effect. Each pixel of the game is double that on the iMacs screen. From 2 foot away you won't even notice.
So yes, glorious review from me here, no problems at all. (The max brightness issue will be solved in 10.7.2 next month).
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