Is this a good cheap FPV setup?

[whitewolfw2]

Hi all

I am looking for a cheap fpv setup under $100, using my laptop as the screen. I have come across a thread suggesting the following
http://www.hobbyking.com/hobbyking/store/uh_viewitem.asp?idproduct=15295&aff=460671
http://www.hobbyking.com/hobbyking/store/uh_viewitem.asp?idproduct=11977&aff=460671

So from my limited understanding all I need then is to hook the camera up to the transmitter, and find an RCA to usb converter for viewing on my laptop?

 

[EMCSQUAR]

You'ld have to make an adapter (or buy) one for video input on your PC (Pc has VGA video input) Adapter would have to be RCA to VGA