RE:
...Is there ever any need for component cables now? ...
and
...I mean if your source like mine will be is a Dish HD box with HDMI outputs...
Ok, maybe I'm missing something, or maybe I'm just being too literal, but you've answered your own question, haven't you? "Is there EVER a need for component cables now?" Of course. Simply because everyone on the planet doesn't have a source like yours or a TV like yours. I didn't throw away my perfectly fine DVD player when HD came out. I have five TVs in my house. Yes, I have a nice new flat screen and a blu-ray player, but I also have an old tube TV with a converter box and from room to room, everything in between. From the cable company, I have and HD converter box, two standard def cable boxes and three simpler converter boxes as well as two Tivos, one of which is HD. Are you suggesting that I go out and spend $10,000 to $20,000 on new TVs and an extra $100/month for cable boxes just so I don't have to use analog cables any more? I really don't need HD on my small kitchen TV. If you're specifically referring to analog HD cables, then the same still applies. Not everyone has the latest equipment or an infinitely large pocketbook.