More to the point, this Panasonic projector is as good as most of the lower cost DLP projectors of the same 720p resolution, at least those using the HD2, and HD2+ DLP chips. The far more expensive (the least is about $4000 street at the time of this writing) Darkchip3 based DLP home theater projectors still have the edge in picture quality, although not necessarily in features or price performance.
And that's what this projector is all about. A truly impressive image at a not much over $2000 price point (online). I'd go as far to say that you couldn't find a better image 2-3 years ago on a projector under $10,000!
Got $2K and change? (as of 9/05) Buy one. And you will be the owner of one serious home theater projector. It will dazzle you, and blow away your friends. Movies, football, it just looks great! I would be incredibly surprised if you are dissapointed, I certainly haven't been. And I'm going to watch it some more tonight (just to make sure - seeing is believing), before I have to ship it out tomorrow to the next reviewer!
Also, see the related article: Panasonic PT-AE900u - Who Should Buy? for more current information (3/06) which looks at whether this Panasonic will work in your environment, and how it compares to the competition in terms of price, features, etc.