Fancy recording your device easily and have good quality output on your PC of your handset's screen? XDA Developers Forum member fiinix has been a busy bee with developing a program to do just that. Using The DllImport Project as a base, he has been able to optimize the code and implement a feature which allows wireless transfer of data so no cable is required. When opening the software (the beta has just been released), there are some steps that are listed to achieve connectivity.
While we haven't tested this ourselves just yet, we do (as always) recommend caution. The XAP and EXE are bundled together in the compressed download. Below is a video of the same screen recorder just minus the cable connecting the device to the PC.