Will this RGB to HDMI Converter work with my laptop and TV?

Trying to sort through the confusion of laptop to TV connections. I want to hook up my laptop to my TV so I can watch streaming videos, but I want higher quality than S-Video which I hear sucks. Here are the specs for my laptop:
Ports:
Video:
-RGB (monitor) output port
-S-Video output port

Audio:
-S/P DIF output port (shared with headphone port)
-Microphone input port
-Headphone output port

Here are the specs for the converter:
http://www.accessorygeeks.com/rgb-hdmi-converter.html

Am I correct that this will entail connecting RGB and audio wires from my laptop to the converter, and then an HDMI cord from the other end of the converter to the TV (TV has an HDMI port)?