I absolutely love my Epson 5040UB. Like you mentioned it is not a true 4K projector, but also does not carry a true 4K Projector price. Another thing to consider, at my distance back your eye could not tell the difference between the two. The enhancement mode (I use the 5 setting) blows you away. Also use "Natural" color mode with Low/Eco mode, still so bright I can't believe it...and I'm still using a Ps3 as a DVD player, looking to get a 4K player asap.

M80s VP180 4xM22ow 4xM3ic EP600 2xEP350
AnthemAVM60 Outlaw7700 EmoA500 Epson5040UB FluanceRT85