The Very Bottom Line
Unless you are a gung ho DLP fan who won't buy any other technology, this Epson needs to be on your short list if you are shopping anywhere near it's price point. It just provides a whole lot of picture and features for a really reasonable price.
While I feel there are a couple of projectors a bit more expensive that are excellent alternatives, even then, this Epson is easily brighter for media and family room environments if that's your intent, although they are both very serious competition in the theater. The only other reason for scratching the Home Cinema 5020 UB from your list is if you have your heart set on going widescreen: 2.35:1.