I just bought an xrgb 3 for a decent price and was planning on using a dvi to hdmi cable to output to my tv. Problem is I didn't know that in this mode a decent amount of frames of lag would be added, the xrgb-3 has a vga out that produces next to zero lag but my tv doesn't have vga input

What's the best way to transcode the vga out from my xrgb unit to my tv in either component or hdmi without adding further processing?