Just wanted to get everyone's feelings on the soon be released Home Cinema 3 from Mitsubishi.
Anyone heard anything? Anyone looking at/considering this projector?
With your price point and specifications I would look into the Panasonic L300U for LCD or the NEC240K for DLP. The L300 is native 16X9 and also has DVI-In. The 240K has a higher contrast and more lumens.
The 240K and D300U are just about the same on paper: both 2000:1 contrast, XGA resolution, neither has DVI. The Mits has 100 more lumens (which is almost unmeasureable) and 2000 more lamp hours. The 260K is rated at 2400 lumens but it has a lower contrast than the other two. FWIW, the 240K has been the most "popular" of the three thus far.
If you would like to actually view a projector in your home environment, many dealers offer some sort of "trial" or rental period at no cost. Regarding your specific needs I would suggest taking a look at the Panasonic L300 if you are not adverse to LCD.