How do I transmit video from my iMac wirelessly?

What would be a good option if I were to transmit any video (DVD, AVI, MOV, just anything) from my iMac to a TV or beamer over the air? 1080p would be nice but is not a requirement. Setup should be simple and the required hardware should be small and have decent design that can be used in a living room.

Solution 1:

How about an Apple TV ($99) and Airflick (free), over WiFi? It'll only be 720p, though.

http://ericasadun.com/ftp/AirPlay/

There are a number of solutions for transmitting high-definition video: https://www.google.com/search?q=1080p+wireless

...but to be honest, they cost nearly as much (or more) than an AppleTV, which gets you way more functionality. Unless you have an enormous TV and top-notch content, you're going to be very hard-pressed to tell the difference.