[rsanders]

From what 355.96 MB/s source are you receiving that video? For some very common use cases, it's either HDTV channels or Blu-Ray, both of which give you compressed bitstreams of less than 50 Mbps. 802.11n can handle that with ease. Granted that recompressing content in real-time doesn't do great things for the quality, but it's good enough. The point of HDMI is that it's a standard connector. Nobody's going to buy a VGA dongle these days.

OnLive and Sony/Gaikai are streaming game A/V over the public Internet, and Amazon has a new platform to do it for arbitrary Windows apps. Again, a decent in-home wireless network is a far superior medium and should have no problem.