Ultrawideband chipmaker TZero has partnered with Analog Devices to announce an HDMI wireless technology that would allow high-definition video and audio to be transmitted between devices at up to 480 Mbps without the use of cords. With the use of a transmitter and receiver, the user would be able to transmit high-definition content from any HDMI-enabled device, such as a DVD player or a game system, to the receiver attached to the HDMI display from up to 30 meters away.
The compression uses JPEG2000, so there will be quality loss regardless of how great the result is. This might not be for everyone, but the price could ultimately decide that.