Programmable video generation and analyzer including a video asset for generating video signals having a primary composite video module for producing different types of a primary video signal and outputting the primary video signal via output channels, and a secondary video source module for producing a secondary composite video signal and outputting the secondary composite video signal via output channels. The secondary video source module produces the secondary composite video signal in an identical or different format than the primary video signal and different than the primary video signal. An NTSC/PAL converter is included, for example, as part of the secondary video source module, for generating video in NTSC format and PAL format. The NTSC/PAL converter accepts a stream of data from the primary composite video module and the secondary video source module and converts it into Composite Baseband Video, Y/Pr/Pb Component Video, Y/C Video (S_Video) or RGB Video.