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I was doing the same pondering. I ended up with the optoma as I found it for a deal at 569. If you are not a videophile, than its a great cheap projector for 1080p. By all means if you have the money and it will be your main television/movie viewing than the benq is the projector to get. But this is just for my basement to use on occasion and the picture quality for me is decent enough (especially at that price).