In this post JohnWayne111 listed the hardware he successfully used to implement an external frame-grabber for Hyperion/Ambilight. Its an Ezco splitter and a Mirabox capture device.
Obviously the correct setup is to split the signal from LE, with one branch going to the TV, and one going to the capture card.
But the Mirabox has an HDMI output that claims to be a seamless "passthrough" with no lag upto 4k@30hz.
Is Mirabox exaggerating their claims? OR can I skip buying a splitter and go from LE -> Mirabox -> TV?