i have problem using this component together with SQL Server 2008.
Field is linked to the  field of the type "Date" in SQL Server.
I get EConverterError : '2010-12-03 is not valid Date/Time value'  by accessing to non-empty database fields. (reading)
Format property seems doesn't have any effect either by reading nor by writing.

My question:Which settings affects the format settings or how could be processed such fields?

thanks in advance!

OK, have found the solution. 

Seems to be, native SQL Date typed fields are not supported, but works fine with correct formatted varchar fields.
Not extremely fine, but works ;)