I have an NAD T753 which as no HDMI inputs or outputs. My new HDTV receiver has HDMI outputs and both optical and coax dig out. Is the best solution, rather than waiting for NAD to have HDMI ins and outs to run the HDTV receiver to the monitor and the dig out to the receiver? Also is there any signal breakdown when connecting DVD player/HDTV receiver to the A/V receiver with the A/V receiver connecting to the TV via composite?

Thanks!

Cj