The problem with that remote is that it is not learning, or it doesn't appear to be learning. You are trusting that the remote has the codes for your TV in the database. If you want to use it for 3 components, it will not have all of the buttons that you need for every component, so you'll still need the three remotes.

The Sony, on the other hand, learns commands that are not preprogrammed, so that you can truly consolidate the remotes, as well as use macros.