I recently bought one of those refurbished xbox's for 99 dollars, little did i know they did not come with an HDMI slot because it was a 1st-Gen Refurbish. So my HDTV only has composite inputs, and supports 1080p HD through HDMI inputs, but seeing as I can't run HDMI out of my xbox, i cannot achieve HD because i would need a TV that has component inputs, correct? So am I SOL with this? Would i have to purchase one of those 40 dollar converters?
Any information would be appreciated.