Elgato Game Capture HD Review

Did anyone figure this out? I just purchased the Elgato and while I primarily will use it for XBOX I will probably want to use for ps3.

So how would I get this working on ps3 without lag to my TV?

Sounds like HDMI from PS3 --> into splitter --> Splitter 1 (HDMI to Tv) ---> Splitter 2 Hdmi to component converter into elgato?

Is that right? And how do you bypass this whole HDCP stuff?
 
Once it's been concerted to component, HDCP doesn't apply.

Got it. I guess I'm confused. Seems like a simpler option would be to get an Hdmi box that strips HDCP? But where to find one of these that does not lag? Is that amazon one legit?
 
Link? I've never found one on Amazon. HD Fury apparently has one, but I can't puzzle out their site.
 
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