Ok, a couple things:
First of all, that cable won't work. It's designed to hook component video up to projectors that accept it on their VGA inputs. Apparently (very) few laptops also support component out via this sort of passive cable, but I've never found one. AFAIK, not a single desktop PC output has ever supported this (though for reasons unknown to me, it's not terribly hard to do).
Secondly, that price is outrageous. Monoprice probably has the same cable for like $10.
If you want YPbPr component from a PC, get a card that supports it and includes everything you need in the box. That's the easiest way. It's too bad the S-Video outputs on PC cards suck so badly. S-Video can look almost as good as YPbPr component if done properly.