LG Wireless LCD TV at CES

I just got word that LG is going to be selling an LCD Wireless TV.

What does this do and why is this so cool? Well lets say you buy a huge TV and want to hang it on the wall and dont want to see all the cables from all the stuff you need to connect to your TV. Well dont connect any to the TV. What is supposed to happen is you are given a box that has all the TV connections and you connect all of your devices to it. The box you keep with all of your peripherals and it will talk to the TV and send the proper signals to the TV.

This is very cool but as we know from WiFi and cell phones, wireless connections dont always work 100% of the time. I am very interested to seeing what happens to this.