First off, when I bought AmbiVision there wasn't the option of a camera setup with Hyperion. I'd still go AmbiVision or Govee 100 times vs hdmi route with Hyperion, no doubt, with Hyperion it's expensive and ugly. AmbiVision excels in some things, it's rubbish in some others... when it works I very much doubt a camera setup with hyperion will match the results, it may though. However, the device has too many problems and worst thing is, if you ask too much, support ends up ignoring you. So the thing's been unusable for maybe 2-3 months over the last year. When it works, I have to reset the system maybe an average of 3-4 times a month. The company is just a piece of shit and I'm positive that with Hyperion I'll have a much more reliable system. I'm sick of reseting and redoing the whole config time and time again... they didn't even make it easy to restore a config, you have to do everything manually.
In the end some guy around here was right, he said something like "with hyperion you needn't deal with companies which might be a roll of a dice", or something like that...
it's been bad but all in all I'm happy. I paid 150€ (they told me not to spread it online but yeah, squeeze them through e-mails and you can get a much better deal than the one they offer in their website) for an orange pi pus zero, a fisheye camera with mic and IR, power supplies, an RGBW ledstrip and beautiful casing I can repurpose for Hyperion. It's not that far from what Hyperion would've cost me if I bought everything new a year ago.
But yeah, I learnt it the hard way, I would never recommend AmbiVision as of today. Get the parts, learn, spend some time and go Hyperion. If you aren't that kind of guy, then Govee.