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Is it possible for me to replace a component video jack on my T.V?

I unplugged my X-Box from my 32" Toshiba TV, and it accidentally ripped out the red component video jack from the back of my T.V. set. Would it be possible for me to fix it myself without paying a repairman to do it? I bought the T.V. used from the Salvation Army store in my neighborhood for about $80.00, because I hate the new LCD TV's, and I couldn't afford a new one.
Dave G., February 2011
link Click here to see other fixes for Toshiba.