The Mitsubishi HC3000 does an exceptional job on black levels for a projector using TI's Darkchip2 DLP processor. Generally, there is a substantial difference in black levels between the Darkchip2, and the Darkchip3 found in more expensive DLP projectors. In this case, however, the Mitsubishi does a visibly better job on blacks than, for example, the Optoma HD72, which uses the same Darkchip2 processor, and Brilliant Color technology. I was surprised that the difference between the two, turned out to be as significant as it was.
Shadow detail appeared to be very good as well. I'll start off with a few images, most used in other reviews, and also have some side by side images comparing the Mitsubishi HC3000 with the Optoma HD72.
First, are two images of a starship from The 5th Element. The first one is a "normal" exposure, but, since my digital camera cannot capture the full dynamic range of the projected image, the 2nd one is the same frame, overexposed, to bring out the darker details, at the expense of the brighter areas being overexposed.