The review of the Mitsubishi HC4000 has been posted, and we are happy to announce that it has been given our Editor's Choice Award...
The 1080p competition is fierce in this price category. The Epson 8350 and the Mitsubishi HC4000 are now both priced at $1,299. And they are both outstanding projectors. We have already given the Editor's Choice Award to the 8350, and for different reasons we happily give the same award to the HC4000 (see review).
The key advantage to the 8350 is its longer 2.1x zoom range and lens shift. These features make the 8350 particularly easy to install on a rear shelf, bookcase, or some other stand behind the seating area. Image quality is excellent for the money, and you get full lamp replacement coverage in case of a premature failure during the entire two year warranty period.
The Mitsubishi HC4000 lacks the key lens shift feature that makes the 8350 so easy to install. Its fixed upward throw angle means that it can only be installed on a low table between the seats, in front of the seating area, or in a ceiling mount. However, if one of these solutions is a desired option for you, then the lens shift issue becomes irrelevant.
Furthermore, the Epson 8350 has a brighter mode for operation in ambient light. So if you intend to use your projector in low to moderate ambient light, the 8350 has the edge over the HC4000. But if serious home theater is your objective, and you plan to use your projector in a fully darkened room, the 8350's brightness advantage is of little value to you.
For those who are setting up a dark home theater, and can or want to place the projector between the seats or in a ceiling mount, the HC4000 will render a picture that is superior in contrast and color saturation to that of the 8350. Under these circumstances, the HC4000 would be our preferred model of choice.
Bottom line, both of these models are excellent values in 1080p projection, but they are made for different uses. One is not better than the other in all respects, they are just different. If you are looking for a home theater projector in this price range, we encourage you to choose between them based on how you want to install and use it.