Looking for a simple HDMI -> VGA converter design

Could some electronics guru please help ? I am looking for a simple HDMI -> VGA converter design. I have noticed one at

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but I feel that there are loose ends that I am not sure about.Any hints/ suggestions would be of immense help. Thanks in advance.

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dakupoto
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Nothing is simple with HDMI.

USB Powered DVI/HDMI-to-VGA Converter (HDMI2VGA) with Audio Extraction

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Jeff Liebermann     jeffl@cruzio.com 
150 Felker St #D    http://www.LearnByDestroying.com 
Santa Cruz CA 95060 http://802.11junk.com 
Skype: JeffLiebermann     AE6KS    831-336-2558
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Jeff Liebermann

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