Pros: Super simple to install - HDMI cable from source to transmitter, CAT5/6/7 from transmitter to receiver, HDMI from receiver to display. I tested installations with both direct point-to-point CAT6/7 and switched gigabit network CAT6/7 using 100 foot runs. I ran from cable TV DVR to HD TV, carrying standard HD 1080i audio and video without any problems. Only issue is perception of some degredation of picture quality, so I would do more testing on a higher refresh rate TV before I would install anywhere where picture quality is critical, but maybe it's just my TV.
The real beauty of this is in multiple-source, multiple destination HDMI routing over standard TCP/IP network carrying other computer signals. Should allow super-flexible routing of HD combined audio/video signals between multiple sources and displays in a home / office.

Cons: Possibly some picture degredation. Refresh rate supported? While most computer monitors have HDMI inputs, they typically don't have speakers, and most computers don't have HDMI inputs for audio. So, desktop/gaming computers typically do have HDMI audio/video outputs, and therefore make good sources, they're not necessarily the best targets. But modern TVs make great targets.

Other Thoughts: I'm ordering four more sets for my small office. Still need to explore remote management more, for ease of dynamic switching of remote target in multiple target network.

Could be the greatest thing since sliced bread for pushing computer screens, HD TV, DVD, CD sources to multiple TVs around your home/office.

Pros: Ran this board almost continuous around the clock for more than 4 years. Went through 2 sets of enterprise RAID disks. When the second set of disks had a failure, after about 5 reboots, the BIOS became bricked with a very common problem where the NV RAM fills up with error entries, and won't finish the boot sequence. Error Msg:
"Not enough space in runtime area!!. SMBIOS data will not be available".
BIOS bug exists in that there is no reset for the NV RAM despite the message directing you to proceed. None of the remedies I found anywhere worked, until I found MyTech selling replacement BIOS chips on _Bay for about $15. Had to ship from Europe, but worked like a charm! Board is back up and working again!!

Cons: RAID controller BIOS doesn't support rebuilding the array by adding a new disk. Have to full-back it, wipe it, redefine the array, and full-recover it.

Other Thoughts: The only issues with this board have been the AMI BIOS, which is very popular, and used on tons of different boards, so it's hard to knock the board for that fault. But two serious BIOS problems will cost ASUS an egg, because they haven't posted any support for either problem in four years, despite numerous posts about the problems. I'm just posting this now, so that anyone else still running this great board will know there is a cheap, effective solution to the bricked BIOS. Buy a new chip for cheap, and swap it out.