If you are getting a 3yr warranty with the 6050 then without a doubt the Epson is the one to get.
Regarding grey vs white screen, I use to have white 16:9 100" screen that I swapped for a grey 2.35:1 112" which is almost the same width as a 120" 16:9, I haven't noticed a visual drop off in light output but I am sure a meter would say different. Depending on how far back your projector was from the screen you shouldn't have an issue dealing with SDR content on a 135" Grey screen even on LOW lamp mode but with HDR and using either 'CINEMA or DIGITAL CINEMA' image mode which engage the built in filter and cover the wider colour range I think you will be need to use MEDIUM lamp and might be approaching HIGH so might be worthwhile looking into making a hush box. One thing the grey will do over the white is improve your perceived contrast and give slightly better blacks, someone I noticed straight away.
My grey scope screen and below a couple of images from John Wick 2 (1080p)
Regarding grey vs white screen, I use to have white 16:9 100" screen that I swapped for a grey 2.35:1 112" which is almost the same width as a 120" 16:9, I haven't noticed a visual drop off in light output but I am sure a meter would say different. Depending on how far back your projector was from the screen you shouldn't have an issue dealing with SDR content on a 135" Grey screen even on LOW lamp mode but with HDR and using either 'CINEMA or DIGITAL CINEMA' image mode which engage the built in filter and cover the wider colour range I think you will be need to use MEDIUM lamp and might be approaching HIGH so might be worthwhile looking into making a hush box. One thing the grey will do over the white is improve your perceived contrast and give slightly better blacks, someone I noticed straight away.
My grey scope screen and below a couple of images from John Wick 2 (1080p)