What is the best method to project my Windows 7 laptop's screen wirelessly to my HDTV?

I don't mind spending upto $200 on a media server. But which media server can do what I am talking about, i.e. projecting the laptop screen wirelessly on hdtv. I like using media player classic from laptop itself to play movies downloaded through utorrent and don't want to deal with xbmc, plex etc.

I just want to chime in and agree that if you're going to be spending money on this, don't get anything that doesn't do 1080p.

I got my parents a Push2TV along with a wireless keyboard and a wireless trackball. It's fine for web surfing (there's a *little* bit of lag) and even 1080p movies (as long as you don't jump around) - but you'll definitely want an i7 processor in your laptop (and double check to make sure your laptop supports WiDi; I think there's a 2nd gen out now). The signal quality varies from day to day in their apartment for some reason. When there's a good connection, it's great. Some days it'll randomly drop and even youtube videos suck. You'll want to update all of the firmware for everything.

Thanks for the advice. I have an i5-2450m CPU. Does that mean it might lag a lot?

Have you considered going with some kind of barebone/mini system? You can get one for around $200 or so. You'll need to be somewhat okay with doing some hands-on type stuff like installing your own RAM and HD/SSD but you will wind up with a decent little HTPC in the end. For example, http://www.newegg.com/Product/Product.aspx?Item=N82E16856119050 According to the reviews it will function quite nicely as an HTPC but you will have to do some work to get it up and running. With that current free SSD deal, just add some RAM and you're right at under $200, not including the OS.