My Dreamcast VGA box works great for VGA. But I wanted to use the S-Video output to drive to a nearby TV too.
The picture I get has horizontal lines flipping on it and you can make out the DC picture in there, but it's all messed up. Assuming Soul Calibur is changing the frequency on me, I ejected the CD and re-started. No go. The boot screen and the cartoony menu that follows are both messed up on the TV.
I have not tried the composite connector yet.
Bad VGA-box? It's a Naki I bought on eBay.