If all you want is a good picture in the second room, and are happy to run/get run a piece of CAT5, then this unit from Jaycar (http://www.jaycar.co.nz/productView.asp?ID=QC3681) will give you a composite signal and IR control from the second room, if you aren't already using the composite output.
I use it successfully over 90m's of CAT5 each week to transmit video, haven't tried it with IR, but for $110 + CAT5 cable, it's a cheap and solid option.
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