Yes. The way I did it was to send the JPEG preview panes about 30 frames per second over Wi-Fi.
You can combine several of Erel's examples to get pretty close. The CameraEX class allows you to capture preview frames in a byte buffer. And I believe it's the ASyncStreams library that allows you to send byte buffers over Wi-Fi. There is a "Walkie Talkie" example that shows you most of the data transfer.
... I just saw the image shows "Wi-Fi Direct". I think that is a slightly different animal, but hopefully the above applies.
Barry.