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While I haven't tried any of the HD ones, my brother once bought an SD one for his XBox. The results were decent, although it is hard to compare because it was placing an interlaced picture on a progressive display.

What is the price jump from the cheap ebay ones to a quality adapter? I have a 24" LCD which I also use as my TV and have a HD tuner and my Wii connected to it. It has component inputs and the picture is good.

Edit: my bro's xbox one used component inputs btw.

Edit 2: Just checked out ebay australia for a component one. AU$80 including postage for it. Much more expensive that the one my bro bought (which was around $30).