Is HDMI connection better than Component?

I feel that an HD feed from my Satellite receiver does looks demonstrably better via HDMI than a Component Video feed to my 50" Panny Panel.

With my DVD player, component is just as good...BUT my DVD player is not an HD unit. Artifacts on panels being what they are, I'm willing to bet that HDMI from the HD DVD will be the way to go- keeping the signal in digital domain all the way to the display.

Yes, definitely use the HDMI connection(s).

With the toshiba the hdmi will transmit 1080i for hd-dvd and normal dvd's that it upconverts, with component you get 1080i for hd-dvd but only 540p for standard dvd (you lose the upconverting) so hdmi is the way to go if you have the input.

I would agree with these comments in 99% of all cases. However, there *is* that odd instance you hear documented every once in a while where component does legitimately look better. So, maybe borrow a decent component video cable if you can, or find a Cable Closet-type place with a fair return policy, and try out both just to be sure.

Steve,
Additionally.....Suggest you get the Toshiba HD-DVD player from somewhere that you can take it back, with no penalty/restocking fee. You may want to after trying it.
It is very s-l-o-w in responding. And not ALL movies are that good on HD-DVD. My upconverting DVD player is almost as good as SOME of the releases look. (I've got a reasonably decent HD projector on a 120" screen)
If set on going HD-DVD, I would recommend that you wait on the next generation of players. IMHO, Both HD-DVD AND BlueRay blew it BIG TIME with their new hardware releases.
Good luck and good listening!