However, it is important to note that an increasing number of LCD TVs are now combining composite and component video into a shared input connection, which means that you may not be able to connect both a composite and component video input source into some TVs at the same time.
Some sets may also accept S-video signals, but on an increasing number of newer sets the S-video connection option is being eliminated. Also, as time goes on, component, and maybe even composite video connections may be discontinued. For more on this, read my article: AV Connections That Are Disappearing.
In addition, because of their thin, flat panel design, many LCD TVs provide some side-mounted connections, making the attachment your other components and cable or satellite TV box much easier.
The only cautionary note about using an LCD TV with a VCR is that since VHS is of such low resolution and has poor color consistency, it may not look as good on a larger LCD screen TV as it does on a smaller 27-inch analog television. In addition, if the VHS source is especially poor (such recordings made in the EP mode or in poor lighting conditions), the LCD TV make exhibit more motion lag artifacts than it would with high quality video input sources.
For more details on watching analog video sources on your LCD HDTV, check out my article: