I like this product very much. This has allowed me to use a different input on my receiver, there is a much better picture than composite, there is no lag in playback and although it does require power it uses USB which can power the PS2 via the inputs. on the front side. Aside from an extra cable that comes out the front instead of a converter that plugs into an outlet (which you can do), this PS2 HDMI is fantastic. I don't know why I didn't look for something like this a few years ago. Be sure to follow the instructions and switch it to the component video option before connecting to the PS2; That's probably why the picture is better. Just get it.
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