Originally from http://rcatohdmi.com/convert-rca-hdmi-s-video-component-video/
This standard Is the highly recommended signaling standard that you should use. Unlike the Component it has the best solution for the audio and video signal. It can deliver the best audio quality with uncompressed audio into the 8 channels.
It will deliver a full capacity of 7.1 speaker experience which is popularly known as the Dolby TrueHd and DTS HD. This signaling standard will give your home theater or other gadgets the highest boost for the audio and video quality.