well although I understand many of the video concepts, I wasn't 100% sure about the limitations of S-Video.
I grew up in europe, where it's all PERITEL / SCART and haven't really used S-Video in the past.
So thanks for clearing up some of my misunderstandings wpcmame

my take on this is that not all video cards are made equal when comes to S-Video output quality... Read my comment about my laptop outputting MUCH nicer looking video (same resolution, yes, but scanlines are more defined, picture doesn't "shake", etc). Thus, I will try another ATI video card that I can borrow for a couple of days and see if that helps. I'll also follow your suggestions above with both my current card and the one I'll borrow.
Last resort is to pick up a TV with component input on the cheap, and plug using an adapter. I understand component can send out more resolutions ala RGB correct?
Thanks for all the input / help here!