Ah...the delay sucks, but I've gotta respect Hyperkin for delaying out of concerns of quality control. The worst thing they could do is release a faulty or worse, broken device.
Yes, but most CRTs have component inputs of 480i with possible hidden 240p support. In direct comparison, S-Video > 480i, and component also requires five jacks, something that is rear port demanding. I doubt they will or would add component.