This sends the HDMI signal in real time to a TV or display, so you can play your game normally. If you want to use S-Video, then an Analog Video Adapter cable is available from the Elgato Online Store. Your PlayStation 3 will connect to this port. This connects to an analog video source, via Component or Composite, using an adapter cable.
This connects to a game console or other video source. Elgato Game Capture HD has two inputs, and two outputs: