Will a slingbox work in this scenario?

My job requires me to work on Saturdays, but I can be on the internet. I was thinking of buying a slingbox so that I could watch college football while at work(we don't have tv). Would that work? If I hook something up to my tv at home and will it project to my computer or iPod touch? If so, is the video and sound quality pretty good and what brands do you recommend? Also, how difficult is set up?