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HDMI is simply a method of relaying video and audio data from a source to a display. It was created to support the high bandwidth needed to output high-definition images and high-quality audio to an HDTV and surround sound system, but it makes no promises about the quality of the image which it transmits. A low-resolution image transmitted via HDMI is still a low-resolution image.
This easily forgotten point has been capitalized on by many companies, such as D-Link. The D-Link Wireless HD Media Player is easy to mistake as a wireless HDMI device. But in fact it is simply a media server which has wireless networking capabilities. It connects to an HDTV using a standard HDMI port.
Wireless HDMI devices built for the purpose of transmitting HD video from one room to another are far more expensive. Gefen and Brite-view are two major manufacturers of these products right now and both have products which sell for well over $800 dollars. Even these products have their limitations as they are typically capable of 1080p at 24hz only.