Miracast has been described as "HDMI over WiFi"†, and as such I've recommended it to a couple of people asking about HTPC setups when unable to run wire.
After giving it more thought, I'm wondering a couple of things:
- Is this a really lossless signal?
- How does latency affect sound output not coming from the TV/receiver (coming from the HTPC)?
†: "A rough description would be “HDMI over Wifi” and in fact the setup is modeled closely to the HDMI standard."; para 2