S-video is cool and all, but 1/2 the reason I bought a PVM was so I didn't need to encode RGB to s-video or component. I just want to grab RGB straight from the jamma harness. Seems I may need some resistance on the RGB wires and a sync seperator/cleaner for some boards. gegrago had luck with an lm1881 with his setup, but I find it kind of strange that it was needed. For what it's worth, the PVM-20M2MDU happily takes composite video as composite sync, and I've tested this with multiple consoles. Yes, I know JAMMA boards output csync not cvid, which is why I find it somewhat odd that a lm1881 was needed, but that's no sweat, I can wire one of those up.
I make my own arcade sticks, wire my own power supplies etc., so there's really no other reason why I would need or want to buy a "commercial" supergun.
Jealous of that xm29, awesome display.