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Component is not RGB, it's YPbPr

Wtf!; so why the inputs are colored red, green and blue?. Engineers...

@Pliskin414: I'm afraid that you'll definitely need an adaptor to make use of your MSX2 on your TV set.
Think seriously about buying one of those japanese machines and if I'm not wrong, there's no (cartridge) game that needs more than the basic 64 KB. The usual 128/256 KBs of european machines (mainly Philips) are more applicattion oriented (although, thanks the extra memory, you can run ROM games from disk ).
MSX2+ machines are pretty cool, take a look at The ultimate MSX FAQ: The MSX2+ Computer. Aren't the Panasonic machines real beauties?

@jltursan: I see, yea an MSX2+ would indeed be great. Now if only I could find one today! Anyways, I really appreciate all of your advice on my discussion. Thank you!

The Japanese version of Metal Gear 1 does not play on European machines indeed. The European version does, however. Metal Gear 2 plays on any machine, but is in Japanese, of course.

You could try to get a Japanese MSX, or the ESE System 3 MSX (also known as 1 chip MSX). That one does have both a S-Video output and a VGA output.

Hi there. Well I have figured out how to get some form of a display onto my NTSC set. I used a scart - RCA adapter (only this time I made sure that it worked ) and then utilized a Pal - NTSC adapter that then connected to my TV. It does work, only problem is main boot menu is in 50HZ and NTSC display are 60HZ, so there are wavy lines ,etc. However, as the game switches over to 60hz automatically, the title runs well. Only problem is the color pallet is quite dumbed down, probably due to the pal - NTSC adapter (without that, I instead had black / white!) I think the whole screen and game are darker, and more monotone than normal.
In any event, I am going to purchase a Japanese MSX2, one that suits my needs, and will allow me to experience it in full without any more necessary purchases. So long, Radioshack! Anyways, thank you all for helping me out here. I finally found a solution and I am sure that this will work!