VF4: Evo PAL - How does it look through component?

Hi all. I tried googling for this to see what is the picture quality like for a PS2 outputting component with VF4:Evo but I can't find anything concrete. I know that the US ver. of VF4:Evo supports progressive scan which is meant to improve picture but I have a PAL unmodded PS2 so I have the PAL version of VF4:Evo. Anyway, long story short, my monitor only has VGA+HDMI inputs, no component so I was thinking of getting a component>hdmi converter and connect it to my monitor and play off of that. But before I take the plunge and buy it, I wanted to check with people to tell me what is the picture quality like on an HD-enabled display? I'm not bothered about jaggies since PS2 is an old console but I just care for clarity. Will there be any blurry-ness in using component output? Or will I see characters clearly but just with some jagged edge outlines (which I don't mind as I said before, PS2 is an old console so no AA/AF). Thanks.

 

VF4 EVO doesn't support progressive scan. Plus it wouldn't look nice on your monitor through the conversion. It will look like any standard ps2 game on a hd display. Even if the Monitor is really good at scaling.