Yes. You don’t get more nice and easy than that. If you want to run multiple TVs from the same receiver, or use something obsolete like a Slingbox or DVD recorder, it works just fine. Whether standard-definition composite, HD component, or HDMI, all those outputs are there for your use.
There’s no magic to using other outputs, just connect them and go! If you are using an HD DVR, you may see a message that your TV’s cables aren’t HD. Just follow these instructions:
and everything will work!