Would I be ok to use rca cables or should I use hdmi cables.
My preference is to use a single cabling method between the AV receiver and the monitor, which means that, since not all sources provide the same video output type, the receiver must be able to up-convert standard video to the type the monitor receives.
The second-best method is to run one of each type to the monitor, which means having to switch video inputs every time you switch sources, greatly increasing installer complexity and user difficulty, while lowering the WAF (Wife Acceptance Factor.)
I'm not personally a big fan of all-digital video. (Audio, yes - video, no.) I prefer component-video cabling, which is just as hi-def as HDMI is, without the 'hand-shaking' signal-compatibility issues that sometimes plague digital-video connectivity.
In all cases, you want to try to use the best signal type available from each source. For example, the VCR's output will only be composite video (yellow RCA), perhaps S-video, requiring either the up-conversion or multiple cabling described above.
The satellite tuner and DVD player should each have either component-video or HDMI, or perhaps both. Again, you must choose components that are compatible with both your present equipment and future upgrades, which is not always easy.
If you'd like to speak with me, PM me for my phone number. We can discuss my own system, as well as many I have installed for customers and family. I also can recommend a high-WAF universal remote that will make system operation simpler.