That is a great deal for a projector of that quality. Anybody who owns a projector will say its a much more immersive experience than any Tv display.
Getting a good 720p projector at todays prices is actually pretty smart shopping.
There is alot of hype about 1080p resolution but most video experts and ISF calibrators would rank the following in order of importance when comparing image quality: high contrast ratio, greyscale linearity, colour uniformity and lastly resolution. According to my calibrator he says my 720p Sim HT300e excels in the first 3 criteria and throws a superior image to many 1080p projectors. Its also more fun to watch than my 60" Sony 1080p LCos rear projector tv. Resolution is important but not as important as a good size image with high contrast, great greyscale tracking and excellent colour.
When reseaching your projector purchase try to find one with the highest on/off ansi ratio and highest lumens. Reviewers should give some insight on how linear it tracks greyscale. $200-$300 for a new bulb after 2000hrs is pretty good pricing.
