In this paper, two methods for determining the fundamental frequency and harmonic positive- and negative-sequence components of three-phase signals are investigated. Many aspects of the space-vector discrete Fourier transform and generalized delayed signal cancellation (GDSC) such as response time for different possible implementations, frequency adaptation schemes, stability of recursive implementation, and rounding error effects are discussed. A new design procedure for GDSC transformations is presented. New indices for characterizing three-phase unbalanced and distorted signals are proposed. Simulations and experiments are included in order to verify the performances and illustrate the theoretical conclusions.