The just announced Home Cinema 2040 and Home Cinema 2045 offer major feature and performance upgrades compared to the older 2000 series projectors. That combined with aggressive pricing makes for a really improved value proposition.

Home Cinema 2040 3LCD Home Entertainment Projector with 2200 color and white lumens.
The base Home Cinema 2040 has an official "street price" of $799 while the HC2045 comes in $50 higher at $849. They will be sold by
a a small group of key e-tailers, as well as through retailers. In addition to these two full HD 1080p projectors, Epson simultaneously announced a new 720 HD projector, the Home Cinema 740 which will be covered in a different blog.
Let's see what these two new low cost 1080p projectors bring to the party: