Entry level projectors often have shorter warranties than more expensive models, and the HC1500 is no exception.
The HC1500's warranty is a basic 1 year parts and labor, as are many under $1000 projectors. That's not to say, though, that there aren't longer warranties among its competitors. Most notably, the most direct competition, the Optoma HD70 comes with 2 years parts and labor, and is very similar overall, although we favor the image quality of the HC1500. Perhaps the best warranty of the lower cost projectors is the 2 year parts and labor, with 2 years of overnight replacement program for the Epson Home Cinema 400, which sells for not much more than $1000 after their current mail in rebate (as of this writing - 8/07).