quick help needed with new ps2

[Things change I've changed]

just got back from town with a new slim ps2 and a copy of resident evil 4, plugged in a brand new component cable into the ps2 and the other end into my lcd and I don't get any picture just a bit of currupt flashing, is the new slim ps2 compatible with component ?

Edit - I fixed it, I had to first plug in the scart then change the option in the menu to component,

Edit again- WOW, what a difference, if you own an lcd tv then component is a must.