First of all, I'm using a panaxonic ax100u projector with HDMI.
I received my samsung bd-p1200 last night and from B&H yesterday, and first off the picture quality is fantastic. I am comparing it to my oppo player. I watched my spiderman 3 trailer disc and WOW!
Then I watched "Talladega Nights", and that's where I ran into a problem. About 4 times during the movie a weird video artifact would happen. The first time it was just a flash of a single purple bar horizontally across the screen. Then another time it was a whole mess of green/purple lines. Each time these things appear, they go away in less than a second.
I've got it set up as 1080p/24 fps.
Also, I have the audio set to PCM, and the level is just fine. It might even be louder than my OPPO was.