Converting S-Video to Composite: Beginner schematic question

chson said:

Code:

Y-ground------------------+
                          +---------- RCA/composite ground
C-ground------------------+

Y-------------------------+
                          +--------- RCA/composite video
C------------||-----------+
            470pF

Does it even matter if the capacitor is on Y (luminance) or C (crominance)? Heck, couldn't I just put the capacitor leads directly on the Y and C leads?

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