Hi Dsquared,ARM processor offering is wide enough for you to find what you need.On top of that, ARM Partners build a wide range of SoC with a wealth of features.If the signal is already encoded, you don't really need to do much except shift the packets to the network.I'm not sure from your description which device is supposed to separate the audio from video signal.You probably have heard about the Raspberry Pi evaluation board. It features an ARM11 processor with network connection.Thanks to its cheap price, you don't care about its extra features like HD video playback.As you can run some Linux distro on it, you can re-use video streaming software and can concentrate on the push button stuff you want.Have a look at First Taste of Raspberry Pi...You have so many boards that it's like with a big menu, choice is the problem Cheers,Alban