These Epson projectors have never really dropped in price as far as I know unless you move to the refurb unit's. You might squeeze out a couple hundred bucks but is that worth 6-12 months of waiting?
Anyway I've put at least 5000 hours on this projector in 2 years and it's still fine for me. I thought I would just give some feedback since I have used this projector so heavily.
Great picture however I think the optics could be a bit better, I will randomly need to re-focus every now and then it's pretty difficult to get a razor ship image from edge to edge. It's a bit out of focus till it heats up though so make sure you make your adjustments after 10 mins of use and I guess "endure" those first 10 mins when you turn it on. It's mild to be honest but I can be picky.
I ran xbox/ps3/htpc equally... used it for internet viewing and I never had complaints from any usage... if there is "lag" for gaming I can't tell... and I would likely mop the floor with you in battlefield 3
I ran mine on a completely open shelf.... Epson has replaced 2 bulbs for free...I'm not sure if they still offer that as part of their warranty on new projectors however it was when I purchased it. First bulb failed after a year at 2300'sh hours (12 months) of normal mode, they replaced without a hiccup, second replacement was about 2 months ago after about 3000'sh hours of normal mode again. Yeah it gets used a lot! This was about 22 months into the 24 month warranty and I was honest about the usage and while they said the bulb failed within it's lifetime I mentioned that was unlcear as their warranty stated bulb replacements for the length of the warranty so they caved quickly and replaced it for me. This is as a Canadian customer dealing with Epson Canada with a projector I purchased online from the States. I can't say enough good things about Epson support, they are always kind and effecient. The reason I run the bulbs on normal is because it would seem to me the bulbs burn out quicker on eco... at least mine would definitely flicker first in eco mode then run fine for a long time on normal mode. I have no idea why, the projector is so quiet in eco mode I kind of assume it runs hot and that could be the reason... pure speculation.
I have 2 dust blobs, I've replaced the filter twice. The only time I see them is when there is no input so who cares.
Anyway, I'm a heavy user who is very happy with this projector, I'm not even looking at their competition and will likely move to a 5010 before xmas once I decide if I want a new projector or a new reciever.
it's not perfect but at $1100 nothing is, I have no regrets and I feel as though they have earned my future business.
I've owned Optoma, Acer, Viewsonic in the past.