The hot projectors for this week seem to be the Sanyo PLV-Z2 and the Panasonic PT-L500U. I have been shopping around and doing alot of research over the past few weeks and these two projectors seem to the be stand-out units. There is a waiting list at most places for the Z2. 16:9 native, 1280X720 res., lens shift feature, keystone correction, etc. for under $2000. It is a good bargain. The brightness (800 lumens) and the contrast ratio (1300:1) is acceptable for a dark home theater. Ambient light control is a major factor in the quality of the picture. Screen door effect and the rainbow effect are supposedly non-existent in these two projectors at reasonable viewing distances. The AVS forum and Home Theater Forum seem to best sources of information.
Don't forget about the audio system. I have an SVS 25-31 PCi sub and will never own a sub from another company again. You cannot beat the value SVS represents. As far as speakers go, to each his own. Axiom seems to be the best value going these days. Check out www.axiom.com for info. I am ordering a pair of M80Ti's with the matching center in the next week or two. Electronics are another ball game entirely. It seems like you get what you pay for up until you hit a point of diminishing returns. That price seems to be around $2000 for receivers.