Go look at the optoma I've bought ..yes! perfectly fine for movies & games via my xbox360.
My projector retails currently here (cheapest price mind you) for £406 pounds inc taxes.
Whilst there are crazy claims for contrast these days &bearing in mind contrast ratio was around 400:1 8 years ago for £1500, now anything over 2000:1 & higher will give you an enjoyable perfectly watcheable image as a cheap starting point for home cinema.
A business projector is generally brighter (more lumens) as it deals with portable presentations in a variety of lighting scenarios, so 2500 lumens is fine for partially shaded rooms ..in economic mode, let alone full power.
(darker a room the better obviously)
The office projecter ultimately relies on you placing the projector further away from the wall to upsize the image.
(mine has a flexible focus lens & another "doodah" for that which help but the principal remains the same.
remember the larger the image you wish to project, the more degradation of an image you will have based on contrast ratio & lumens light output stretching the picture.
whilst there are contrasts up to 20,000:1 ..(EXPENSIVE) unless you are going completely overboard you don't need it.
BUT like I KEEP banging on look at the difference between LLCD & DLP ..
look at units cinema & presentation units side by side & you'll see & learn.
recommend you place 2500:1 contrast ratio & 2500 lumens output as your marker point & dont dip much below that with 2000 being your lowest point! ..tat way you can take advantage of lower prices & older more affordable stock..
as long as bulb prices tally!
Mine was new & cost me £170 including a projector screen via ebay.
Be awarewhen ebay-ing, some may claim a projector is new but generally there are lamp hour counter re-set buttons via the remote, so unless you are familiar with a hard to reach bulb some people may simply re-set & claim it's not been used or re-set & sell it at a few hours old.
(i've verified mine, it's fine, but I still took the bulb out to check once home) ..basically the guy lived in a wattle & daub / horsehair plastered house, so ceiling fixings were a no no as was shelf mounting in their small uk house!
Home cinema is probably a bigger key word for projectors than presentation when perusing listings.
I simply looked out for DLP on the basis of preference over LCD based on pic qual & useability.
http://www.optomaeurope.com/dlp.aspx
http://www.dlp.com/projectors/why.aspx? ... eTI&247SEM
http://www.projectorreviews.com/advice/ ... /index.php
http://www.projectorpoint.co.uk/ProjectorLCDvsDLP.htm
http://twentysix.net/HLM507W/artifacts/
http://www.avforums.com/forums/projectors/
((LAST LINK IS A GREAT MINE OF FORUM INFO))
if you have a big Hi-fi & av store nearby use their demo room to see the difference on similarly specced units of dlp / lcd.
whhilst I am prone to rainbow effect it does not annoy me & I hardly see it unless it's a really complex image.
nothing to get worked up for at the price I got my unit.