i have a Canon XL G1 and i want to get cineform, obviously the G1 has HD SDI output but i dont want to splash out on an AJA card

so i'm thinking

a blackmagic intesity card and a SDI to HDMI converter then capture it

will this work?

Creative Video Blackmagic Design HDLink HD-SDI / SD-SDI to DVI / HDMI converter (http://www.creativevideo.co.uk/public/view_item_cat.php?catalogue_number=blackmagic_hdlink)

http://www.creativevideo.co.uk/public/product_images/18_08_2005blackmagic_hdlink-front.jpg

i dont see why it should not, but i just want to make sure

thanks

EDIT

this is for live capture on set

It should work, but wouldn't a HDSDI Decklink card be cheaper?

i dont know

i havent seen one for cheaper than that