yeah basically!
This will mean whatever you can pull through on 3500 which would have a picture (Sky, dvd, pc etc) would be able to be seen on the tv in the kitchen via the link frequency
If you goto the Beovision 7 and press tv on remote then goto menu and then goto tuning there should be an option saying link frequency (if i remember correctly this is usually factory set at 599) this will show you the frequency it is on, this can be changed by using the arrows on the remote.
Then goto the other tv and tune into the frequency it says on the B&O tv.
If for some reason the picture is poor change the link frequency on the B&O tv and re tune the kitchen tv.
Repeat the process until you get a good pic.
NOTE
The only thing you will need to do is take an aerial feed from the Link out (modulator) from the B&O tv to the other tv. if you do this it will mean you wont get normal tv pictures or freeview on the tv.
You will get Sky, Virgin, freeview if it is attached to the B&O tv via scart a this will come down link frequency as well. plus you will still be able to control it via 3500
hope this makes sense