I'm considering one of these SCART conversion devices. I have already acquired an RGB -> SCART cable.
My TV is an almost ten year old Sharp LC-37D90U. It does just fine with most HDMI devices connected. I even have an HDMI switcher I am using for a couple of computers with HDMI out.
I like the argument in favor of choosing component over HDMI in the case of the Amiga as I would be concerned about how my old TV would handle a 4:3 image over HDMI. It is not sophisticated enough to handle "computer" signals over HDMI unless they are in the native 1920x1080 resolution. My TV also has a DVI-I input but it is picky about what you feed it too. Right now, an old Intel Mac Mini does fine on that input.
So getting to the component input, I have only ever connected video-based devices here (DVD and Blu-Ray players) and they do well for the most part.
I am concerned about how the TV will handle a PAL signal through this input, though. My Amiga 500 is an NTSC-native device but I plan to run it in PAL mode from time to time. Currently, I am using an RGB --> S-Video device and the S-Video input on the Sharp is rather poor, as would be expected. It seems to be better when fed and interlaced signal. When fed an NTSC Hi-Res, it flickers! Just the opposite of what you get with Commodore CRTs! When fed a PAL signal, the display starts rolling.

If this is what happens over S-Video, is this an indication of what I will expect over component?
With the Windows PC connected over HDMI, I run WinUAE in PAL frequently. However, I suspect this is actually a cheat. The emulation may be running in PAL, the screen resolution may change, but I doubt the TV is actually receiving a 50Hz signal. This is fullscreen mode, by the way. I see that WinUAE has other v-sync options in the display section that might change the way this behaves. Perhaps I can use that to more-closely simulate a real Amiga's video output.
Anyway, for the reasons described here, I think the component is a better way to go. My only concern is if my TV can handle PAL over component. Is there any way to test this prior to purchasing the adapter?