Finally I had myself a wireless home theater system - Philips DVD HTS3548W
Specifications:
Sound:-
Output power (RMS): 4x125W, 2x250W
Total Power (RMS): 1000 W
D/A converter: 24 bit, 192 kHz
Frequency response: 180-14000 Hz
Signal to noise ratio: >65 dB
Sound System: DTS, Dolby Digital, Dolby Prologic II, Stereo.
Supported Format:-
Video: DivX, MPEG1, MPEG2
Audio: MP3, WMA, Radio FM
Picture: JPEG (Picture Enhancement: Rotate, Zoom, Flip photos, Slideshow with music playback)
Connectivity:-
USB, Microphone input 3.5mm jack, MP3 Line-in, Wireless ready (Wireless Transmitter + Wireless Receiver), HDMI output
So, that's my new toy. Next thing I'm going after is...
Muahahahaha !! This is not a gaming console. This is a home entertainment device. Why said so? Because this fella can do what ever you want: Internet browsing using ur 62" LED-TV, playing a Blueray HD movie, picture slideshow with superb transition, music player with album art supported and the most important - Gaming with HD graphics. Well, I'm coming after you soon...