It's misleading because "WiFi" ready is more descriptive of a product that simply needs a WiFi network to connect to, In the case of the TV they have WiFi nothing on0board. They can use a WiFi dongle, which in the came os Samsung completely negates the ability to put their TV flat up against a wall. But using a dongle is BS. They can advertise such a set as "USB ready"

If your TV can't connect immediately to the internet as soon as you plug the power cable in, then you have no business and no right to advertise any kind of internet functionality. I'm happy to see Australia taking this stand and I would hope to see other countries following suit. The TV business is pretty shady right now.

TV makers have been playing the "Ready" card for a long time.
Cable ready, HDTV ready, Internet ready. Wifi is just the latest.

I don't know why we haven't seen 3D ready.

It really is a red flag kind of term.