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Just set up my 2040 with a 120 inch silver ticket grey screen. I would say it's really good for it's price. The color is beautiful, image is bright and sharp. Lots of features only the high-end projectors have. However, it has it's drawbacks. First the offset is kinda annoying if you want your screen close to the floor like I do at 21 inches, the projector hangs pretty low. The fan noise is on the loud side at full brightness. The auto-iris is audible and also distracting if set to high-speed and the movie you are watching has a lot of back and forth dark and bright scenes. Black level is acceptable in ECO mode but at full brightness, you can see the faint glow in the black area of the screen. Overall, I am very happy about the performance at $699 price point.