I had a really hard time through my first couple tries too, but that was when I didn't know you can counter his projectiles. But that only helped a little bit though - the fight became a lot easier when I tried something new - after he's done with the fireball thing, just chase him down, keep...
If you have a PS3 then just use that to upconvert - as long as your connected through HDMI. It goes up to 1080p and at least you won't need to separate players for Blu-ray and DVD movies, saves some shelf space. I think it's supposed to be 70% better or something - it's definitely noticeably...