The Panasonic came yesterday, so I put it on the back of the couch just to try it out. I hung the Do-able board by two screws into wall studs.
So my disclaimer is this is my first projector so I don't have much to compare it to. I have a friend with a CRT that I haven't watched much lately and I recently went to a fellow AVS members house to see how is projector looked (Joekoz, BenQ PE8720, Carada screen).
With that out of the way..... it was gorgeous. In fact, I was giggling with excitement.
Going to the projector has involved a lot of room changes since all my equipment was in a cabinet up front. Everything has been moved into the closet so I had to drop wires and install two new AC outlets as well as clean all the crud that was in the closet (VHS cassettes from the early 90s).
Of course I plan to trim up the Do-able board, add a black frame, and fasten the board more securely to the wall, but that will come after I get my sound fully reconnected and get the room back into order (I have tools strung throughout the AV room and hallway... my wife is only so understanding

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With the lights off, the screen looked good. Whites were very white, blacks were good, although not perfect. Eventually I will work on the rooms reflected light, but overall I am happy with my $13 investment. Very happy.
On a general screen note...... how far up are people mounting their screens?. My eye level is about 1/4 of the way from the bottom of the screen (the bottom of the viewable area is 28" from the floor). At my viewing distance of just over 11 feet, I don't think I would want the screen any larger than 90".
The pictures are raw with just cropping and resizing done to them.

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With full lights and camera flash to see the Do-able.