Internet speed is a challenge with wifi cameras and wifi baby monitors: people want cameras with high definition video (720p or 1080p), but most internet connections are nowhere near fast enough to stream that high-quality video in real time. So parents get really frustrated with their HD wifi baby monitors because they find the video choppy, laggy, and unreliable. Most modern wifi cameras allow you to lower the resolution of the video so you can still see your baby, but not in high def.
It really depends on what you feel most comfortable with. There are audio monitors that allow you to listen to any noise coming from the nursery, vital monitors that track sleep and breathing and video monitors that add sight to sound. Babylist parents overwhelmingly choose video monitors. The security of seeing what your child is up to—like if they’ve gotten tangled in their swaddle, pulled their diaper off or climbed out of the crib—can be worth the extra cost of a video monitor.