What do you mean be "rainbow".
The curve of a rainbow or the diffrent colours.
I sometime get a green or red bar on the top of the pictuire.
The colour depends on the background.
It disappears when I pause the tape and resume.
So I figure that this is also a head problem.
Never figured out if it actually is something that can be fixed since this is something more people have reported.
The deck is very old, so I have not so much faith in it....
I bought a Digital 8 player and see if I can get better results.