Siegvriel
[01] Neophyte
Fine choice you made in getting the Elgato. Its an excellent piece of hardware for game capture. Just wanted to mention that the Elgato does introduce some lag due to having to convert an analog signal to a digital one. The only way to guarantee that there is no lag experienced is to have an hdmi splitter and an hdmi to component converter.
Have you tried that? Does it still avoid hdcp if you use hdmi and then convert it to component? I really need to eliminate this capture card's lag if I want to use it to record footage from local tournaments.