I use the same setup as well, HD pack + BNC. I have no problems with any application or game in any resolution. The only problem ive ever had with this setup, the green wash effect. Most games work fine, some don't.
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720p and 1080i using a "tri-level" sync, meaning the sync goes negative and then positive. Most monitors will interpret this positive sync tip as color info and sample the black reference level incorrectly. In 480p the sync pulse in the video is "bi-level" meaning it only goes negative. I expect there may be a way to fix that with the VGA BIOS if it is designed to switch the video encoder to use "bi-level" syncs for those video modes.
I think this is true for the biggest part. My monitor has got a setting which gives the options 'forth' and 'back'. Look for more about BIOS-specific things in this thread.
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A sync seperator (LM 1881?) maybe COULD solve this problem. I thought that one of the outputs of the LM 1881 was a 'clean' (non-SOG) green signal? What if you only send that one to the monitor instead of directly sending the SOG-signal to the sync seperator AND the monitor?
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Data sheet of the LM 1881 N. Guess I was wrong. Still, a sync seperator could help. I just don't know how it responds to the signal of 720p (or higher). 
I just ordered two of those chips. Let's find out!
Nope I use sync seperater and I stil get pink in 720p...
I don't understand that the bios developers don't work on this...
It's for em more important then let's say reset on eject fix.
QUOTE(TB_88 @ May 26 2005, 01:38 PM)
Nope I use sync seperater and I stil get pink in 720p...
Don't know if this is the same problem,but with DIY dreamcast vga you must run the H/V syncs through a resistor or it will result in distorted colours of pinks,blues and greens which seems to be an effect that is seen when the sync levels are too high for a particular monitor.I cannot remember the value for the dreamcast (and it will likely be different to the xbox) but its an area that should be explored.I'd check it out myself,but I can't use 720p on my monitor in any case.