I am using 4 core Audio cable to wire from the board to the multimedia connector. I cut it to length with some spare, because 4 cores is enough for C Sync + RGB but not enough for H/V + RGB. from the VGA connector. So, I put the board very close to the VGA connector and add some small lengths of wire as necessary.
There are 5 grounds on the VGA connector for H/V and RGB, and I found you can just wire all these together. As you will notice, the power ground and sync ground are the same on the board - so it doesn't matter to put them together.
You will also notice that you get 5V power on pin 9 on the VGA connector, so again I used a small piece of wire to power the board. The ground for the board can go back to the H/V + RGB ground in the VGA connector, so you can have a nice installation where the board is connected and powered simply by plugging into the VGA connector.
In summary, you should have RGB on 1,2,3.
Ground on 5,6,7,8,10.
H/V sync on 13,14.
5V Power on 9.
This page is your friend:
http://en.wikipedia.org/wiki/VGA_connector
You can see in my wiring that I have taken the ground from the 4 core audio cable and made 5 seperate strands of copper to connect to the 5 grounds. Sorry about the messy soldering - I have remade the connector a few times
Yes, I did use a Peak systems converter, but I am working on a cheaper solution which will bring the cost down..