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Anthony Ng
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My experience with this has been very positive. I use a MacBook Pro 16 and extend that display onto my iMac 27 5K. The latency is very low and it has worked reliability. My only complaint is that sometimes it take a few moments (or longer) to initialize the second display. That being said, I use my iMac like a second monitor with heavy usage.
Luna Display
Hardware that turns the iPad into a wireless second display