Most impressive. Not perfect, by any means, but looking very good, in terms of color. There are some subtle imperfections, such as a rise in color temperature at 100 IRE, making whites a little cool. Personally, that's a very forgivable coloration, one I've noted on some BenQ's as well, and I personally find it a pleasing "flaw", especially when I'm viewing sports, and the really great looking digital HDTV content out there.
The gamma is also a little bit non-linear, but, add it all up, and this projector really does look good, which, ultimately is the key reason I decided to do the full review. My enthusiasm, unfortunately, is dampened by the black level performance. Oh, if only it had a good dynamic iris that could have put its black levels up to the "ultra-high contrast" class of projector. Next year, no doubt!