While inherently no 3LCD projector (or LCoS one) can have perfect alignment of it's panels for ideal sharpness (assuming comparable optics, design, etc.), giving single chip DLP projectors an advantage in inherent sharpness, this Pro Cinema 4030 does very well. The 3 panels came reasonably well aligned, but hardly exceptional. Red in particular was mostly over a 1/2 pixel shifted right of Blue and Green, and slightly below vertically. I did use the Panel Alignment feature, which helps but it's doing things digitally, not optically. No separation of colors was visible at normal seating distances, except barely perceptibly watching white credits on black from 8 feet from a 100" screen.
Better still, for some images I used the Epson's Super-Resolution feature at settings 2 or 3 to provide "detail enhancement", which also added to the sense of clarity. 3 makes a noticeable difference, and 4 a lot more, but while 4 may be fine for some scenes, it can be noticeably over the top, on others. Check out these first batch of images to get a feel. And remember, you aren't viewing 1080p resolution. The images themselves are only 1000 pixels wide, and even that is being compromised by camera, your display, software...the "engineer" in many of you, understand the finer points.
For the best idea to get a sense are the comparative images below where we have a full screen image, and then, look at a very small portion of the image at the same 1000 pixels wide!