Im wondering if the following will work or just show a blank screen
PS3 to Intensity Pro Breakout
HDMI in PS3 >> VGA converter >> Component Converter
HDMI out >> HDMI in
So the latter seems fine, its the first part im not certain about. Switching the signal from digital to analogue (hdmi2vga) should remove any HDCP? And then changing it back to component would allow normal capture from the intensity pro.