Does anyone use a splitter to send component video to two different sources? If so, what do you use? Any quality loss?

Anybody have any exprience with this one?
http://cgi.ebay.com/MatrixEE-AV6X3-C...QQcmdZViewItem

I've seen some A/V receivers with dual component outputs, do you think they just basically have one of these cheaper $20 deals built in?

I guess what I'm looking for is....I want to have component sent to two sources with zero quality loss and I'd like to do it for as cheap as possible (I like that $20 unit!). If it matters, the two displays will not be used at the same time. One is a TV and one is a projector.