the InterceptorNo problem mate, I guess you're not the first one with this problem, and people reading this later will be helped as well.
You should definitely check the manual of your tv to find out if it accepts analogue 480p and 1080i component signals through that cable. If so, get this ...
... and one of these ...
... or three of those ...
You need them to connect the plugs from your TV cable to your PS2 cable.
Regards
the Interceptor