Aircord claims the product is capable of lossless streaming, and uses a proprietary technology to encode and decode your video signals, although the company's lack of a website or actual product shots makes us a bit wary of the whole thing.

ENGADGET: AircordAV promises wireless, lossless HD streaming HD

Further down the road, the MicroConsole will apparently even have 3D gaming support, as the company's figured out a way to encode and decode a pair of discrete video streams with this very hardware.

ENGADGET: OnLive MicroConsole official at $99, we go hands-on and bombard you with details