TrustedReviews takes a look at the Acer PD520 DLP projector and comes away moderately happy, although its not the most stringent of reviews (writer Gordon Kelly seems mostly just enthused about using a projector in general). Although lacking in some connections both common (composite) and less common (SCART), it in general looks to be a solid projector for a reasonable price (around $1,200 or so). Unfortunately, Acer isn't pushing their projectors into the US market at this time, so if you want to give the PD520 a whirl, you'll have to talk to some importers.
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