Thanks for your input. It may not work for everyone, but it works for me. If there is a 0.2 second delay, I certainly don't notice it. I swing fast and it picks up targets w/o a hitch. I don't have any problems pinpointing either.
I swing a Fisher F70, which is lightening fast to begin with, perhaps that's why I am successful. If you have a slower machine and there is a lag in the signal, you may notice it. YMMV
All I can say is I spend more on coffee in one week then I spent on this experiment and I am completely happy with my results. I'm wireless and I love it!!
I've been using BlueTooth for over 3 years now, and have no complaints either. It worked on my Bounty Hunter QuickDraw II, and my Tesoro DeLeon. Pinpointing using the X method, without a problem, 5-6 inch plug (big enough to put my hand in there, if I'm going deep). I do pass over the target quite a few times, while pinpointing though, maybe that negates the delay, who knows. I don't trust the numbers, so go over the target, and listen, make sure it's something I want to dig, or at least interest enough. I just hunt for fun, stuff I leave in the ground, will probably still be there for another day, if not, there is still plenty of ground to hunt. I've got a full time job, so no need to be productive. Certainly not in any competition, seldom see anyone else detecting around town.
What I do know, is that BlueTooth works just as well for me, as the wired headphones, but without the leash. I'm tall, and cords are either really short, or too long and get snagged on everything. Needs some slack, since I tend to reach quite a bit. The cord was my number one complaint, wasted a lot of time and attention. Not a huge fan of over-the-ear phones either, earplugs aren't favorites, but better.
I've thought about hooking the transmitter up to the TV, and see how much of a delay, with video. Just really doesn't seem to be significant enough to bother, just a minor curiosity. Even if there is a few tenths of a second, that's really not huge. BlueTooth is the only wireless option, where you can buy the transmitter, and have a wide selection of receivers to choose from, not stuck with one style or type.