For a dollar less than a grand, you too can get yourself an Epson PowerLite Cinema Home 20 projector. Using a 3LCD projector, a new alternative to DLP, it has (shocker) three LCD panels and is also known as high-temperature polysilicon or HTPS. Also has 480p native resolution, 1200 ANSI Lumens of brightness, 1000:1 contrast ratio and a short throw distance, allowing for projection of an 80-inch widescreen image from just 6.6 feet away. It also happens to include an optical/offset lens shift to easily set up a viewing space in any area without distortion.
Epson Budget HD Home Cinema Projector [Bios Magazine]
Specs and pricing on Epson Cinema projectors [Shopping.com]