I just wanna confuse everybody as much as possible here...
Generally:
White = Left audio
Red = Right audio
Yellow = Video
I don\'t know why this is, maybe because of Radio Shack and those little colored inserts for any RCA connection, but everyone should know that the international standard requires that the red colored connector be connected to the left channel. The white should be the right negative connection... so in pairs, the red and black are left positive and negative and the green and white are the right positive and negative respectively. The reason for this is pretty funky too... anyone have a guess?
Anyway, having no option I use the white red and yellow connectors in this fashion:
Reciever: TV/DSS Audio In
White = Left In
Red = Right In
Now, you can simply use an aux in on your reciever for this if you don\'t have a pile of inputs but odds are you\'ll have to sacrifice something else like a CD player or maybe the VCR inputs... whatever, you decide.
The Mystery Yellow Connector
This gets complicated because there are so many options to choose from. You can go straight to your TV if you have RCA inputs (most fairly modern televisions do, either on the back or on the front and the back paralleled), or you could go into your reciever as with the audio ins (if you have a reciever that accepts video inputs) then out of your reciever to your TV (which requires the same as the first option plus one cable), or you could go into your VCR (as long as you select the proper input mode so the signal will pass through).
Like said before though, going through your VCR will set off the Macrovision anti dubbing function of any encoded DVD that you watch on your PS2. Also, it is recommended that you bypass the reciever to help prevent degredation of the video signal.
Now, I go through my reciever because it\'s convenient for me and I don\'t give much of a crap if I lose 3 or four pixels in the process, I sit about 8 feet from the TV (25") when I play games and watch movies so the difference makes no difference.