🚀 go-pugleaf

Yes, the MacII -> NTSC is quite real, although it is far from perfect.
I have built the cable, and successfully gotten it to work.
I tried it both with a multiscanning monitor that accepts NTSC 
and a regular VCR.  On both, I had the following problems:

1)  It is too large for the screen, so the menu bar and other edges are cut off.
(This was mentioned in another MacWeek article)
2)  Everything is quite blurry -- regular text is out of the question.
3)  You see double images.
4)  The image is in B&W only.  (It's supposed to be that way) 


The cable is simple to build, and costs very little.  
My cable was pretty crude, and wasn't shielded, so maybe someone out
there can get better results.

MacWeek had an article in the same issue on how to make NTSC 
images look good by using large colorful objects, and staying 
away from the border.

These are my own experiences, and your mileage may vary.