If you have enough video inputs on your TV, you will always have a cleaner video signal by avoiding adding extra components in the signal path. Conceptually, video switching can be helpful if you don't like having to separately change your TV to the right input *and* your receiver. I.e., you just click "DVD" on the A/V receiver instead of clicking "DVD" on your receiver and then selecting SVIDEO1 on your television. I use a theta casablanca to switch video as well as audio and do find it easier.
Come to think of it, however, if I remember right, AV receivers don't "switch" or convert s-video to composite (single RCA), so you will need both connections from your receiver to your TV and may have to do a little TV adjustment anyway as you go from s-video sources to composite sources. (This is where the Philips pronto comes in handy). I don't think there are many devices, if any, that switch component video and can't think of why you would want to do that anyway.
Come to think of it, however, if I remember right, AV receivers don't "switch" or convert s-video to composite (single RCA), so you will need both connections from your receiver to your TV and may have to do a little TV adjustment anyway as you go from s-video sources to composite sources. (This is where the Philips pronto comes in handy). I don't think there are many devices, if any, that switch component video and can't think of why you would want to do that anyway.