I think so, but after some research, it seems the HDMI needs to go into the PC Monitor itself. Looks like I gotta get a VGA and some way to get sound. So its new speakers and a few other bits too...
I am not sure if VCards are working both ways both as a receiver as well as a transmitter. They are output devices, not input devices (i may be wrong) therefore, connecting the XBox to a graphic card is... intersting. I may be wrong though but I don't think I managed to make that work with my 4870x2 at the time, before it exploded.