Unless I'm missing something, your calculations are wrong :S The transfer rate would give you over 2TB (2,000GB) of data a second (obviously that's going to be shared between a few users :P) but still, you'd get your movie in under a second, even if it's a direct bit for bit copy of a Blu-ray Disk ;)
Let the hive mind of Engadget get that for you.
"I have a MacBook Pro and an Xbox 360 and I would like to get a 20- to 24-inch display that will support both devices. The speakers should be inbuilt, or there should be an aux out on the display to hook up external speakers. Help! Please!"
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If it were done I seriously doubt it would be done with cheap crap hardware.