I'm a little confused with all that myself.
For zooming back and forth from 2.35:1 to 16:9, you really need a projector with lens shift, which it appears the Mitsubishi does not have. Zooming from 16:9 to 2.35:1 usually means that the image will shift up or down on the screen as well as grow larger. Without lens shift there is no way to account for this (at least, without building some kind of adjustable offset mount!) This would account for the differences in the offset specifications.
So, your options are to leave it either zoomed to 16:9 OR 2.35:1. If you leave it zoomed to 2.35:1, your 16:9 image will project above and below your painted screen area - UNLESS you buy a scaler like the Lumagen that will allow you to scale 16:9 to fit inside the 2.35:1 area (which entails quite a bit of resolution loss).
My suggestion? Go with a projector that has lens shift if you want to zoom, or add an anamorphic lens to the Mitsubishi and mount it as suggested for 16:9 (the lens does the rest).

For zooming back and forth from 2.35:1 to 16:9, you really need a projector with lens shift, which it appears the Mitsubishi does not have. Zooming from 16:9 to 2.35:1 usually means that the image will shift up or down on the screen as well as grow larger. Without lens shift there is no way to account for this (at least, without building some kind of adjustable offset mount!) This would account for the differences in the offset specifications.
So, your options are to leave it either zoomed to 16:9 OR 2.35:1. If you leave it zoomed to 2.35:1, your 16:9 image will project above and below your painted screen area - UNLESS you buy a scaler like the Lumagen that will allow you to scale 16:9 to fit inside the 2.35:1 area (which entails quite a bit of resolution loss).
My suggestion? Go with a projector that has lens shift if you want to zoom, or add an anamorphic lens to the Mitsubishi and mount it as suggested for 16:9 (the lens does the rest).