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I don't know what the data rate is out of a serial camera, but to transmit this digital video is going to be complex.
You'd do better with an analog camera and video sender/receiver and a video capture card.
How far to do you want to transmit the video ?
Features:
Broadcom BCM2835 700MHz ARM1176JZFS processor with FPU and Videocore 4 GPU
GPU provides Open GL ES 2.0, hardware-accelerated OpenVG, and 1080p30 H.264 high-profile decode
GPU is capable of 1Gpixel/s, 1.5Gtexel/s or 24GFLOPs with texture filtering and DMA infrastructure
256MB RAM
Boots from SD card, running the Fedora version of Linux
10/100 BaseT Ethernet socket
HDMI socket
USB 2.0 socket
RCA video socket
SD card socket
Powered from microUSB socket
3.5mm audio out jack
Header footprint for camera connection
Size: 85.6 x 53.98 x 17mm