Join Date: Feb 2006
Location: Vallejo, California
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That's really not enough money to do anything, really, unless you're planning to get both the screen and projector used.
Even if you buy a cheap screen from Amazon from Silver Ticket or Elite, 120", you're looking somewhere between 200-300 dollars.
Better start scrounging around on Craigslist for a used screen and projector! Also, with used projectors, you might inherit issues with the projector and/or bulb.
I would try to increase that budget to at least $700, if it is possible, then grab a 720p projector + screen brand new.
Sony XBR-65X900E, Denon AVR-X2300W, Polk CS20 Center, Polk Monitor 75T Fronts, Polk TSI300 Rears, Power Sound Audio S1500 Subwoofer.