But it is true that component video is unprotected and partly why it was sunsetted years ago. Since they offered you some workaround, you should use it.
Here in this country HDCP strippers are considered illegal and you can research more on the web why.
DTV has told me that I need component cables instead of hdmi to avoid issues surrounding DMR protected content.
Is hdmi better? Is there away around this problem?

Chowhound
Comic Vine
GameFAQs
GameSpot
Giant Bomb
TechRepublic