Just google wireless bridge.

http://www.linksys.com/servlet/Satellite...d=1134692497433

Unfortunately, there's no way to repurpose your coax. There's not enough signal pairs to use it for something else. From all my A/V reconfiguring, I've learned that if you run cable, have at least 2 or 3 extra runs of CAT5/6. Those usually can be converted (w/ some cost) to do something else using special baluns like these from muxlab.

http://www.muxlab.com/products/ve_vga_component_audio_balun.html

If you want to have some kind of video distribution and can't use coax, I'd start looking at slingbox/slingcatcher or maybe even AppleTV. I use an AppleTV on a cheap LCD for the kids. It's not live TV but 2 and 5 year olds can watch the same show 500 times in a row so they don't need live TV.