Not sure about other countries, but in the UK,Originally Posted by Radii0
a) the Wii doesn't have a S-video socket and b) S-video only carries video, the sound will be lost.
I would go with the second option. Although it would work on any TV that has a scart socket in the back of the TV (standard now for many years) and the connection the Wii automatically comes with.
Hope I've helped.