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Join Date: Dec 2006
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In your price range, only the JVC's, Panny 7000/8000, or MIts hc4000, or Mits hc8000 will be able to properly show 16:9 content on a 2.35 screen, .
The problem with CIH isn't 2.35 movies (any PJ can do this by overshooting the black bars), but the problem is watching 16:9 content on the 2.35 screen. The 16:9 content will overflow past the screen's border, not just the black bars but actual content. That is why you need a resizer or lens memory (via automated lens shift) to watch 16:9 on the 2.35 screen. If you do not care about 16:9 viewing at all on the screen, then you can pick any projector.
The Mits hc8000 would be a good choice at 120" screen, but not for a 150" screen. For a 150" screen, the JVC is your best bet. The Panny will also work, but the PQ is not as good. There are other ways to handle it, like buying a Lumagen which can do the 16:9 re-scale or watch all 16:9 content on an HTPC player. The Lumagen is the 2nd best option, but it's pricey for a budget setup and robs you of other places you could have spent the money on.
That said the Benq w1070 + Lumagen is about the same cost as the lowest model JVC's.