[NJRoadfan]

Post a photo of the rear panel jacks. I don't recall this unit being genlockable, but I could be wrong. FWIW, I used one of these in HS. Even that unit in a genlocked studio had a slight hue shift on outputted video, but nothing like this! Somewhere along the line, something is throwing the chorma signal out of whack. I just find it weird that the chroma shift doesn't evenly fill the entire frame during the first part of the sample clip.

EDIT: I got a shot of the rear, no reference input. Its too bad you don't have a vectorscope handy, that would aid in diagnosing and adjusting color.

I would check if the unit works properly if fed an S-Video signal. If so, that points to the problem being in the comb filter portion of the unit.