Hmm... I did stumble across this today.
http://www.dlink.com/products/?pid=438#compatiblechart
It's always questionable exactly what formats and bitrates the device supports, but for what it claims, it's the cheapest quality HD solution I have come across. Best Buy is selling it today for $125. It claims to support HD with Mpeg4 and WMV. Not sure what audio bitrates it supports for those 2 formats, but this is a step in the right direction.
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