The budget market has long been awash with ultracheap "HD" projectors, but there's a catch: The vast majority of these models-- they just accept an HD signal and dumb it down to a lesser resolution, which looks all the worse when you blow the image up on your wall or in your backyard. That's why the ($100 off) caught our eye. It's got 1,920x1,080-pixel native resolution, meaning it should be delivering a pixel-for-pixel 1080p image.
Now, we haven't tested the Vankyo, but its spec sheet is otherwise solid considering the budget price. You can project an image of 46 to 300 inches at 5 to 30 feet. This model also has a 5,000:1 contrast ratio and 50,000 hours of lamp life. It'll ship for free or you can pick it up even sooner at a local Best Buy, pending inventory.