Well, if you would take the RX-V2500 out of the box, you would see that it does NOT have an HDMI output so my question to you is this... How are you hooking up your projector to the receiver if you are using HDMI? I would assume that you want to use the up conversion on the DVD player, but you now need to upgrade the receiver in order to take care of the whole picture. You could hook up everything component and be good, but HDMI is not going to be an option for you. Might want to look into upgrading to a new Yamaha since you obviously have a dealer in the area. I would recommend that you get one that has 3 HDMI inputs and not just the standard 2. otherwise, when you go out and by that PS3 for the kids or maybe even yourself you will have to upgrade the receiver all over again. You need to understand that in the setup you have now, the receiver is going to be the main hub of the system and without one that pretty much kicks ass on the input side of it, you are already behind. Kind of like getting that new cell phone and taking the free one instead of actually spending a little to get one that actually works.