Are wireless cycle computers any good?

Some LEDs lights, the big one, may interfere with some wireless lights.
My Exposure light messes up my cheapy Aldi wireless but the cateye is fine.
 
I've used wireless computers for years. They work fine and I've not had issue with lights (although I've only used halogen and HID).

Depending on budget I'd look at a Garmin or similar GPS though. I have one of Garmin's cheaper running ones and a bike mount. It works really well, easy to swap between bikes, accurate and you can upload data to their site easily.
 
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