welcome to the site...
anyway that isnt always true of tv sets, but i have heard it a few times before.
anyway, about the component hookup, look out for a switchbox.
i have one component input on my tv, and use my 360 and wii through it, with a simple switch. will look better than the scart aswell.
just google something like 'component switchbox' and you should find a few that will do the trick.