BMX,
You're right, I over looked that requirement. Easy mistake for me as I don't run component through my reciever. I go straight to the TV.
Let's face it the reason the 1500, and other comparable recievers from other manufacturers, have two rather than three component inputs is marketing. Just one of the dangling carrots to get the consumer to spend the extra 200 bucks. For me at this point it's not an issue. My TV has two by itself, if I need a third I'll use the reciever. We have game consoles (PS2, Gamecube, and Xbox on practically every other TV in the house. The 57" is the only one the kids don't control.