Hi,
We just completed our 2nd heating system with various radiant heat systems in floors, walls, ceilings and stand alone radiators: http://web.mac.com/mldelany/iWeb/Site/Schoolhouse%20finish.html
A lot depends on configuration of structure and intended use. In an adaptive reuse of an historic schoolhouse for office space, a radiant wall worked well because the ceilings are 18' and the occupants are at desks along the walls that are heated.
In general, you should expect equal performance, certainly for total heat loads and losses. If proximity is improved by installing in walls, the overall comfort levels will likely also improve.
What are your specifics?
Marc Delany
Ghoti & Co.
[email protected]