Sorry for the slow reply, I didn't even check this thread (yup I'm a moron lol). I've never tried the method of using a bridge so I can't comment, as for the performance, it will certainly be better for a single person using it (or even a few if it's simple browsing/Facebook games/low res 360p YouTube etc), but if anyone tries HD streaming, or online gaming, or downloading a file, they will get a so-so experience and anyone else won't get a look in.
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Google Nexus 5 - Stock... for now
- Android 4.4 KitKat
HTC One S - MaximusHD 10 - Android 4.2.2 Jellybean - Sense 5