Sadly, it is proprietary magic. Now, we Apple fans are no strangers to proprietary gear, however, here's the clincher: in order to use this dock you need to have a television that supports this proprietary protocol. Who makes one? Sony perhaps? Or Panasonic? Nope, no one is making them at present though one model is slated to be available in the future.
Seems to me that this dock is both wireless and worthless.