Well, 1.5 years later I'm jumping on the upgrade train to one of the AV Science VWPro1 B-Stock Projectors. I know it's 3-4 year old hardware, but next to my 7 year old used $200 AW10 off craigslist. I'm hoping it's a noticeable step up.
The AW10 has been awesome though, running Netflix or a bluray, I can't imagine much better (I realize 99% of what's built today is better on paper...and perhaps in reality). Perhaps some better detail in extremely dark scenes or a brighter picture overall, but I've been very happy with this setup. But with the bulb at about 900 hours, the thought of buying a new bulb for more than I spent on the projector......
Had it not been for MM, and his incredible dedication, I probably would have ended up with a white rectangle painted on the wall, and had a mediocre experience at best. By now I very well may have scrapped the projector and 138" rectangle in favor of a low cost Sharp or Vizio Flat Screen.