I just went to Wal-Mart to pick up my marquee light and component cable, and I saw a big skid of 27" TVs sitting there. I checked the box, and they have component in. I didn't look, but I'm sure it had S-Video too. It has the speakers on the bottom (not the sides, so I'd imagine it come in under 27" wide.
The brand is Orion, which I don't know much about, but a quick web search revealed that Orion makes 26% of Toshiba brand TVs. I can't find the deal on Wal-Mart.com, but I've seen some references to it on the web. You may have to go in and check it out in person.
Just thought I'd pass this along. I spent weeks trying to find a 27" for under $200 with component in, and probably would have gone with this one if I hadn't bought the Insignia at Best Buy (which is still on sale for $189).
Happy arcading!
RubberP