Now, you can make out some details in the wall, the top back of Clint's head, even the beer bottle. Next, consider this image from the JVC RS1 our reigning champ at black levels and shadow detail.
Ignore the color shif difference between the two. The image immediately above, by comparison, is only slightly overexposed, rather between the two Epson images, and closer to the first. Yet look at that back wall, the top of Clint's head, and the beer bottle. You are picking up about the same amount of shadow detail, yet the blacks are much blacker - you tell me - which looks better? The first image compared to the JVC, the JVC still seems to have slightly blacker looking blacks (remember the exposures are different), yet the Epson has lost most of the detail. If you compare the 2nd image to the JVC. You can pick up most of the detail, but there is nothing resembling black, anywhere, just medium dark grays. In other words, which would you want?