I am sorry if I am being stupid, but can somebody tell me what this thing does in dummy terms... Thanks guys ;o)
Already did. If you have an HD TV, this gives you an HD picture on that set.
A Mod chip after it is installed, will allow you to play Gamecube and Wii Backups of your originals. So that you originals do not get scratched or ruined.
LOL! I thought this was the component cable thread! Sorry!