You'll need to have your laptop connected to the same wireless network which means in range of and connected to the P2V+ WiFi range extender.
If you combine with Fraps or other video capture you can record it.
This is theoretical since I haven't tried it. The added WiFi network traffic might spread the signal out more and affect range.
You should be able to find all info in this link. https://www.youtube.com/watch?v=yZZFnlgCV0I This was the 1st person I ever knew that streamed video before anyone else.He does it so everyone can see what the camera on his quad is seeing live.