I had a similar dilemma, I wanted to put a TV in my kitchen, and have the install take up a very small footprint.. so I wall mounted a LED flatscreen on a tilt swivel wall mount.
I didn't want to have another STB in the kitchen and didn't want to run wires etc... my house has a stucco exterior, and the interior walls are plaster over wood lath...running wires through walls is a bit of and undertaking.
I got a HDMI splitter from
Monoprice and a wireless HDMI transmitter from
Brite-view it works really well, havent had any problems with dropped signal, etc..
Additionally I have an app for my Droid which allows me to control the STB over my Wi-fi...