It's like we're Best Buy brothers. I used the same card to get my 56" Samsung DLP.
Absolutely get the service plan. Why take the chance? I got it for my computer when I bought it from Best Buy and I've had to replace the HD twice. (Don't buy HPs.)
I don't think the upconversion player is needed. With component cables, DVD's playing in the PS2 looked awesome. Haven't tried my actual DVD player yet, because I need to get a set of audio cables for that.
Oh, and you might need a cable switch, depending on how many component cable inputs you have on the TV. I only have two, and have a PS2, HD cable box, and DVD player to hook in, so I needed the switch.




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