Unfortunately not. You can PIP one of HDMI-DVI-VGA-Component or one of S video-Composite. I know, stinks. You can move the PIP anywhere in addition to 3 size options, but the window always stay on top.Will I be able to PIP the HDMI input while using DVI? Also, does the PIP window always stay on top of the other windows or can it be in the background?