Commodore to S-Video or HDMI video?

Hi Guys - I just had another 1902 monitor pop (big cap near the flyback
transformer) and I'm getting worried that my CRTs are reaching their end of
life.  Have any of you done any work on a device to convert the output from
a C64 to s-video or even better, HDMI? I can troubleshoot electronics, but I
never learned to design circuits. I did find one schematic on the internet
that involves removing some components from the C64 and putting in an
s-video connector. I'm fine with doing that but I wanted to check with you
all first before starting that process.

Thanks,
/Raj