Video streaming wirelessly

I previously contemplated using VLC to stream video wirelessly around my house, but I recently discovered that Ellies already has the hardware available at a very affordable price.

The AV sender / receiver combo uses standard WiFi to transmit incoming audio and video. All I need to do is just hookup the sender to my PVR and the receiver to my monitor and magic starts.

I am also considering the USB2800 or the Pinnacle Studio 500 video capture devices. So in conjuction with the Ellies AV sender, I can play videos on my PVR / Camcorder / VCR and record it on my PC using the USB video capture devices.