I'm going to go back to the setup, Kinghawk. You have an input button on the front right of the monitor, you want to press that until you get to AV. Because you are seeing a black and white picture while you have the yellow RCA plug plugged into The top input of component, that tells me that your input is set to component, not AV. You need to setup exactly like it shows in the manual, just pretend it is a Joey not a VCR: