I am utilizing a remote control heli with a gyro stabilized Pany SD1 with a video downlink. Normally, we output our signal through the component jacks or AV out, but this little cam makes that inconvenient for several reasons. But, it has an HDMI out.

My question is this. Are there any HDMI to component adapters? The transmitter is not compatible with HDMI.

Thanks in advance.

I'd check either:
http://www.aja.com/
or
http://www.blackmagic.com/

I won't go so far as saying that if they don't have it... you don't need it - because they might not have it and you might need it, but they're the industry standards if there is such a thing.

I'm curious as to how component or composite can be 'inconvenient' compared to increasing your payload with a converter with it's own power requirements.

I'm curious as to how component or composite can be 'inconvenient' compared to increasing your payload with a converter with it's own power requirements.

Because the camera I am using (SD1) has to have the LCD screen open at 90 degrees to the camera to allow access to the component outputs.