As far as I know you don\'t have to be switching between component and composite/svid modes, just change the RCA cable with the component cable. If you want to switch between component types ie, RGB -> YPbPr modes then you would just turn on your PS2 with nothing in the drive, then DOWN, X, DOWN, DOWN, DOWN, X, LEFT, X, reset.
Welcome to the boards.
Ignore any insulting/rude/offensive posts that follow this one, not everyone here is like that. (Thankfully you didn\'t post your first post in Off Topic)