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For analog tv, I just use catalyst b/c I don't mind watching tv if its lagging; as long as the video and audio is synced I'm fine. But for playing games that a different story.
I have been using virtual dub recently for composit-in. Its a gamble though, sometims its perfect and sometimes it freezes every few seconds (video skips every few seconds).
I'm at home right now, but when I get back to the dorm, I'm gonna give that Tv-on-demand option a try.
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